17-Mar-17 According to a new study released by MedTech Zone and the World Health Organisation, imports of medical devices now amount to USD2.5 bn per year and exports to USD1 bn per year. India is one of the top 20 global medical device markets globally and the 4th largest medical device market in Asia. [image: Emergo Group]

17-Mar-17 Scientists at the Bhabha Atomic Research Center have developed a micro sized Tele-ECG machine that can transmit an ECG over mobile phones and costs around USD62. The machine can be recharged via a mobile charger and the data can be transmitted via mobile network to a specialist, ideal for use in rural India. [image: NDTV]

17-Mar-17 TPG, the US alternative-investment firm, sees opportunities in healthcare in Asia to meet untapped demand in some of the fastest-growing economies. The region is short of quality healthcare infrastructure, said Jim Coulter, co-CEO. TPG’s Asian investment arm manages USD6 bn in assets, including a stake in the United Family Healthcare chain of high-end Chinese hospitals. [image: Bloomberg]

15-Mar-17 India's decision to put in place price controls on cardiac stents shows it is a country that isn't business-friendly, say representatives from the US Embassy in New Delhi. The country’s classification of the cardiac stents as an essential medicine requires that they abide by new regulatory guidelines and pricing regulations. [image: Hindustan Times]

11-Mar-17 In India, the prices of all medical devices except for stents, condoms and intrauterine devices can only be raised by up to 10% a year, the National Pharmaceutical Pricing Authority said. The regulator also clarified that all medical devices notified as drugs under the Drugs and Cosmetics Act will have to carry their maximum retail price on their packs. [image: ET Healthworld]