29-Feb-16 The Japanese External Trade Organization (JETRO), which has set a foreign direct investment target of USD300 bn by 2020, is now wooing Indian pharmaceutical companies to maximize its conducive research-innovation ecosystem and advanced manufacturing infrastructure. To this end Japan has amended the Pharmaceutical Affairs Act, drastically improving the approval process for medicine and medical devices. [image: JETRO]

18-Feb-16 As Andhra Pradesh, Maharashtra and Gujarat race to establish exclusive world class medical device manufacturing parks, the Association of Indian Medical Device Industry has recommended eight key policy measures which must be rolled out to ensure the financial viability of these parks and to make India an international hub for medical device manufacturing. [image: Indian White Paper]

18-Feb-16 To reduce cost and time for Indian companies to obtain globally accepted certification, the Quality Council of India is likely to introduce a voluntary certification scheme, "Indian Certification for Medical Devices" in one month's time. The scheme intends to enable the Indian medical device industry to demonstrate adherence to the best international standards and enhance credibility in the world market. [image: NABCB]

17-Feb-16 The Therapeutic Goods Administration in Australia has granted Abbott approval for its new glucose monitoring system, FreeStyle Libre. The technology removes the need for finger pricks and monitors glucose levels through a device worn on the back of the arm and secured by an adhesive pad. A handheld reader is scanned over the sensor to get a glucose result. [image: Abbott]

17-Feb-16 Bausch + Lomb has entered a partnership in India with global technology company Bosch. This cooperation brings together leading providers of eye care solutions and technology in India, to market diagnostic devices in the ophthalmic segment. Bausch + Lomb will market Bosch's Fundus retina camera, which can detect conditions such as cataract at an early stage. [image: Bausch & Lomb]