Tag Archives: Medical Devices

Indian pharmaceutical market to reach $56 billion in 2020

New Delhi: Driven by the country’s growing economy and population income, the Indian pharmaceutical market will increase significantly from approximately $21 billion in 2013 to $56 billion in 2020, at a compound annual growth rate (CAGR) of 15%, forecasts research and consulting firm, Research & Markets.

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After stents, government now preparing to fix prices of other medical devices

New Delhi: The National Pharmaceutical Pricing Authority (NPPA), under the Ministry of Chemicals and Fertilisers, is preparing a database for monitoring the prices of all the drugs and medical devices that might be overcharged by hospitals and companies.

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#Budget2017 will help a large number of patients avail critical health facilities: Dr Dharminder Nagar

New Delhi: The provisions of the General Budget 2017-18 presented by Union Finance Minister Arun Jaitley in Parliament on Wednesday will help a large number of patients avail of critical health facilities, according to Dr Dharminder Nagar, managing director, Paras Healthcare.

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#Budget2017: Govt to create 5,000 postgraduate medical seats every year

New Delhi: The government has decided to take steps to create additional 5,000 postgraduate medical seats per annum, according to Union Finance Minister Arun Jaitley.

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Medical and drug device companies target nurses to influence hospital purchasing decisions

Sydney: Hospital based nurses have high levels of contact with pharmaceutical and medical device industry sales personnel but have little corporate or professional guidance about managing purchasing decisions in the context of these interactions, a new study in the Annals of Internal Medicine reveals.

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‘Pricing, FDI, Make in India important initiatives in pharma’

Bengaluru: Union Chemicals and Fertilizers Minister Ananth Kumar on Thursday said pricing regulation, FDI policy and ‘Make in India’ campaign are the important initiatives taken up by the Narendra Modi government for the pharmaceutical sector.

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Incubation Centre for Medical Electronics launched at IIT Patna

Patna: Prime Minister Narendra Modi on Saturday launched and laid the foundation stone for the Incubation Centre for Medical Electronics at the newly inaugurated permanent IIT Campus at Patna.

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Goal of most medical students is how to become rich: Dr Kakarla Subba Rao

Hyderabad: Dr Kakarla Subba Rao, director emeritus, Nizam’s Institute of Medical Sciences, Hyderabad on Saturday emphasised the need to orient young medical students towards service and patient care.

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Govt’s move to allow 100% FDI for medical device manufacturing receives a mixed response

New Delhi: The union cabinet’s decision to allow 100 per cent FDI (foreign direct investment) under automatic route for medical device manufacturing has largely been welcomed by the domestic medical devices players, amid some apprehensions.

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Affordable medical devices require much more than merely capping their prices

New Delhi: The issue of capping the prices of critical medical devices has opened a fresh can of worms. Though the capping of prices of critical medical devices has been debated for many years but it kept suffocating between the crawling files every now and then. With government changing hands, the long standing demand, apparently, has got another lease of life with the matter once again out of attic and making way to the desk of National Pharmaceutical Pricing Authority (NPPA).

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