Indian health-tech start-up bags USD1 mn order from Singapore
09-Aug-17, ET Healthworld
A start-up born at the IIT-Madras Incubation Cell has bagged a million dollar order from a Singapore-based company to transfer technology used by its first two products. The key focus of the technologies is clinical training using virtual patients so that actual treatment becomes safer.
Image: ET Healthworld
The two products - “Laparoscopy Surgical Simulator with Haptics Feedback” and “In-Vitro Fertilisation Training Simulation with Haptics Feedback” - are expected to change the way doctors are trained to make the patient safer. These new technologies integrating virtual reality with haptics will cost INR30-35 lakhs (USD47-55k).
The start-up Merkel Haptics was formed in 2011 to convert lab work into products, and Touch Lab at the Applied Mechanics Department of IIT Madras was founded to research the sense of touch.