NEWS REVIEW – BUSINESS

[This article was published in the September 2008 issue of the eHEALTH Magazine (https://www.ehealthonline.org)]

Business News

HLL, ILFS ink MoU for medical park

Hindustan Latex (HLL)has signed a memorandum of understanding (MoU) with Infrastructure Leasing and Financial Services (IL&FS) for developing an integrated medical devices and diagnostic manufacturing park (MediPark) at Chengalpet near Chennai, Tamil Nadu.

Lawson eyes S Asia via India presence

Taking its operations in South Asia to the next level, ERP software, applications and services provider Lawson Software has formally opened its first office in India at New Delhi.

TN to emerge as hub with Trivitron’s medical technology park

Trivitron’s Medical Technology Park (MTP) is all set to commence construction in Chennai; MTP to create employment for 1000 people by 2011; signs JVs with Aloka, Brandon and Bio-systems for the MTP.

Taking Control – Medical Devices Industry to get a Regulatory Authority

[This article was published in the March 2008 issue of the eHEALTH Magazine (https://www.ehealthonline.org)]

The medical equipment market in India is growing at an annual rate of 15% and is expected to touch US$ 4.98 billion by 2012. With a highly unregulated environment in terms of quality, reliability, pricing and control, uncertainty rules the roost. Often, it�s a confusing maze for care providers and medical professionals, and the brunt of all this has to be borne solely by those at the end of the chain – �the patients� !

There is a dire need for a legal framework and a regulatory agency to look after the industry. How far have we reached? Is the Government taking the right steps? eHEALTH takes stock of the matter.

Global Med Technologies Inc. Recieves FDA Clearance for ElDorado Donor(TM)

Global Med Technologies Inc., an international e-Health, medical information technology company, announced that the U.S. Food and Drug Administration has granted 510(k) clearance for ElDorado Donor(TM) a new blood management product produced by its Wyndgate Technologies(R) division (“Wyndgate”).

Emerging markets are driving new models of care, which can only be achieved through IT : Dr. Brian Cohen, Chief Technology Officer, IBA Health

Interview

NEWS REVIEW – INDIA

[This article was published in the January 2008 issue of the eHEALTH Magazine (https://www.ehealthonline.org)]

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NEWS REVIEW – BUSINESS

[This article was published in the January 2008 issue of the eHEALTH Magazine (https://www.ehealthonline.org)]

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Trivitron plans massive expansion; INR 1,000-cr turnover in 3 years

Chennai based medical technology company Trivitron Medical Systems, which recently offloaded an unspecified minority stake to HSBC Private Equity and venture capital firm ePlanet Ventures for USD 11 million, is planning to expand in a big way with a medical technology park, and acquiring domestic firms with a view to modernising them.

Govt brings out Indian Pharmacopoeia, 2007

In an effort to control the quality of medicinal products, the government has brought out the Indian Pharmacopoeia, 2007, which lays down the standards for drugs produced or marketed in India.

MindTree to venture into medical electronics

IT and R&D services provider MindTree Consulting, which announced a major organisational restructuring recently, plans to expand its business line to tap new markets.

The R&D services, which address industries like data networks, cellular networks, voice networks, telecom solutions, computing and storage systems, consumer appliances and industry systems, will enter new segments such as medical electronics, avionics and defence.

NEWS REVIEW – BUSINESS

[This article was published in the December 2007 issue of the eHEALTH Magazine (https://www.ehealthonline.org)]

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