med tech firm

Serum Institute of India (SII) invested in IntegriMedical, a med tech firm, for needle-free injection system tech. The partnership aims to provide 'health for all' and 'transform healthcare globally' by ensuring patient comfort, reducing needle-stick injuries, and enhancing liquid medication efficacy with N-FIS.

The much-hyped MedTech Valley proposed by the Hyderabad Metropolitan Development Authority (HMDA) has not found any takers.

Chief minister N Chandrababu Naidu on Friday laid the foundation stone of AP MedTech Zone (AMTZ) at Nadupuru village near Visakhapatnam Steel Plant.This is said to be the first of its kind facility in the country.

Several Indian medical device manufacturers TOI spoke to complained that these two organisations “did a poor job of representing Indian companies” in the medical technology industry. TOI sought CII and FICCI’s reactions to their member companies acting against the interest of Indian industry through Advamed.

New Delhi, Sep 20 () A range of medical devices, old or new, will soon have an 'Indian standard' and nearly 1,000 products are presently being benchmarked, a top government official said Thursday.

In efforts to boost innovation, pharma and med-tech sectors in India seek a 10% allocation from the National Research Fund, reinstatement of 200% weighted deductions for R&D, and tax incentives for AI research in the Union Budget. They also call for reduced import duties and GST on medical devices to enhance affordability and ensure quality healthcare for patients.

The Chief Minister of Tamil Nadu, Mr. Stalin, launched the Tamil Nadu Emerging Sector Seed Fund on Friday. This joint initiative between the state government's Finance and Industries Departments provides investments for startups in emerging sectors, including aerospace and defense applications, AI web 30, climate tech, and deep tech. Five companies have been approved to receive collective funds of 134 crore. The state government has invested 50 crore in the fund. Plans are afoot to increase the investments in the fund to 500 crore in the financial year 202324. A portal for companies' compliances and financials monitoring system was also launched on the occasion. The website that monitors 66 public sector undertakings will also alert directors and key officials of the respective PSUs in the event of any violation to the Companies Act 2013.

Chief minister M K Stalin on Friday launched the Tamil Nadu Emerging Sector Seed Fund (TNESSF). A joint initiative by the state government's finance and industries departments, it provides investments for startups in emerging sectors including aerospace and defence applications, AI, Web 3.0, climate tech and deep tech.

Technology and market forces have deepened the divide between the opportunities for a skilled workforce as compared to that for the unskilled ones. Formalization of the economy coupled with technology driven automation across each industry is bound to eliminate the opportunities for the unskilled labor, but the skilled labor has (and most likely will continue to have) a problem of plenty.

AHMEDABAD: When the US forces fought 'Operation Enduring Freedom' on Afghan soil to eliminate Osama Bin Laden, in addition to their weapons, they also carried a new hand-held device.