18-Oct-17 Johnson & Johnson took a USD10 mn hit on its international knee implant business in the 2017 July-September quarter, which it blamed on price cuts in India. [image: ET Healthworld]

18-Oct-17  Prices of cardiac stents and knee implants in India have been cut by 70-80%, a result of government price caps, sounding alarm bells for international players and potentially undermining future foreign investments in the sector. [image: Times Now]

18-Oct-17 The medical devices industry in India is valued at USD5.2 bn, says the Make-in-India survey, contributing 4-5% to the USD97 bn healthcare industry with its 800 medical device manufacturers, with an average turnover of INR500 mn (USD7.7 mn). [image: Reuters] 

17-Oct-17 India's government is working towards an Ayurveda hospital in each district of the country said Prime Minister Narendra Modi, as he asserted that the time has come for a "health-revolution," affordable and accessible healthcare for the poor. [image: ET Healthworld]

13-Oct-17 Indian officials announced medical tourism in the country can grow to become a USD9 bn industry by 2020 and that India is among the "fastest growing medical tourism destinations in Asia", noting that medical tourism has shifted towards Asia. [image: FICCI]