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Zero customs duty on medical device to kill Make in India program

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20-Jan-17 India's medical technology sector can make great contributions in terms of economic growth, job creation and enhanced innovation. The ‘Make in India’ campaign is a major boon to the medical technology industry, as currently 70% of medical equipment is imported. India should learn from China, where much higher reimbursement is allotted to locally produced medical devices and equipment. [image: Business Standard]

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Indian government must take measures to achieve universal healthcare

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20-Jan-17 Poor spending on healthcare is a major concern in India, where most cannot afford private healthcare. India ranks abysmally low on public healthcare expenditure. The objective laid out in the National Health Policy to increase expenditure 1.04 per cent of GDP to 2.5 per cent by 2020, with 70 per cent for primary care, has been a welcome step. [image: Business Standard]

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Honey, I shrunk the laparoscopy machine

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19-Jan-17 Researchers at Osaka University are aiming to take the institution's regenerative medicine and medical equipment to the world. The university's Global Center for Medical Engineering and Informatics is teaming up with Asian countries where there is insufficient equipment. The center has produced a prototype of a small laparoscopy system that can be operated with one hand. [image: Osaka University]

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India's Practo raises $55m series D led by Tencent

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17-Jan-17 India’s Practo has raised US$55 mn in funding led by China’s Tencent. The funds will be used to foray into health insurance, bundling it with its consumer-facing services. Practo aggregates over 200,000 doctors across 10,000 hospitals, 8,000 diagnostic centers and 4,000 wellness and fitness centers in India, Brazil, Philippines, Malaysia, Indonesia and Singapore. [image: Tech In Asia]

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India diabetes care goes digital as RSSDI partners with Wellthy Therapeutics

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21-Dec-16 The Research Society for The Study of Diabetic in India has partnered with Wellthy Therapeutics, a digital therapeutics company focused on improving outcomes through Artificial Intelligence. Wellthy Diabetes is a diabetes health coach for patients and a virtual clinical assistant for doctors. Wellthy will offer the prescription app for all doctors who are members of RSSDI to prescribe. [image: The Hindu Business Line]

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