India’s biotechnology sector has achieved a significant milestone, currently valued at $150 billion. Despite this impressive figure, much of the sector's innovation and product development potential remains untapped. Jitendra Kumar, Managing Director of the Biotechnology Industry Research Assistance Council (BIRAC), underscored the necessity for increased
India is on track to potentially account for 8-10% of the global market share in Contract Research, Development, and Manufacturing Organizations (CDMOs) by 2033, according to a new report from McKinsey & Company. This shift is driven by a significant movement of outsourcing work from
In a significant development for the medical device sector, India has officially joined the International Medical Device Regulators Forum (IMDRF) as an affiliate member, as announced by the Union Ministry of Health on Thursday. This new affiliation is expected to create invaluable opportunities for collaboration
The National Accreditation Board for Hospitals & Healthcare Providers (NABH) has officially announced that approximately 100 hospitals in India have successfully received digital health accreditation. This initiative, aimed at evaluating the digital maturity of healthcare institutions, highlights the growing importance of digital transformation in the
RITES Ltd, a prime transport infrastructure consultancy and engineering firm, today signed a memorandum of understanding (MoU) with Power Finance Corporation (PFC) to explore avenues of mutual collaboration for consultancy works in sectors such as Transport & Logistics, Energy, Water & Sanitation, Communication, Social and
This is especially the case if the patients are young, have multiple blocks & have conditions that may make angioplasty to implant drug-eluting stents ineffective At a time when coronary diseases are on the rise in India and globally, special drug-coated balloons are emerging as a
clonoSEQ is the 1st U. S. Food and Drug Administration (FDA) cleared MRD test for Multiple Myeloma, Chronic Lymphoblastic Leukaemia (CLL), and B-Acute Lymphoblastic Leukaemia (B-ALL). clonoSEQ is a highly sensitive NGS based assay which is increasingly becoming the standard practices in patient management. MedGenome, South
Pune, India: Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology today unveiled the conclusion of 7,200 sqm expansion in its factory in Chakan, Maharashtra. The state-of-the-art factory now houses a total floor space of 11,700 sqm. and supports the MR Radio Frequency Coil, Mobile Surgery Systems, and Ultrasound assembly businesses amongst other
As COVID-19 cases continue to reduce, schools across India have reopened. Over the past two years schools had to close and reopen several times due to repeated waves of the pandemic, causing major disruption in the education of millions of children. At the peak of
January 30, 2022 marked the third annual World NTD Day The 100 landmarks aim to shine a light on neglected tropical diseases and engage the public in an effort to end this diverse group of communicable diseases The WHO has set a goal to
