Tuesday, 24 November 2020

Academia-industry partnership crucial for optimising productivity of medical devices

20 November 2020 | News

‘Make in India’ initiative is pushing the Indian medical devices sector to become self-reliant to actualise honourable Prime Minister’s Atmanirbhar Bharat Mission

Source credit: Shutterstock

Source credit: Shutterstock

Bringing to the discussion about the current trends; challenges and opportunities in ‘MedTech Industry’; optimising productivity through collaboration and the role of ‘Make in India’ initiative in making India self-reliant, ‘India Med Tech E-Summit 2020 was organised by HEAL Health Connect Solutions in association with ESI MedTech Solutions and the knowledge partner HEAL Foundation on November 19, 2020.

Speaking on the reduced dependency on imports and making India self-sufficient through ‘Make in India’ initiative during ‘India Med Tech E-Summit 2020’ — the 11th Episode of HEAL-Thy Samvaad, Parag Varshney, Director, International Institute for Human Development, India said, “Academia-industry partnership will help reduce the dependency on imports and make India self-sufficient through ‘Make in India’ initiative.”

Moderating the ‘India Med Tech E-Summit 2020’, Rajiv Nath, Managing Director, Hindustan Syringes & Medical Devices Ltd., Forum Co-ordinator, AiMeD said, “Academia and industry collaboration is good for incremental innovation in the field of manufacturing devices and competitive advantages, but to make a completely new product, it would be prudent to reach out to the foreign manufacturers and do technical collaboration and licensing with them.”

Chairman of the organising committee ‘India Med Tech E-Summit 2020’, Dr P Siva Kumar, Managing Director, ESI MedTech Solutions said, “Make in India should be the focus; trends and opportunities in medical technology and reducing the challenges and opportunities in medical devices.”

While speaking on the current state of technology and infrastructure in India, Dr Taslim Arif Saiyed, CEO & Director, The Centre for Cellular & Molecular Platforms (C-CAMP), said, “We are largely involved in innovation and it is absolutely mind boggling to see there is innovation in medical technology. We need to scale up the opportunity and bring high quality products.”

Dr Nilesh Shah, President and Chief of Science & Innovation, Metropolis Healthcare Ltd, said, “For meeting the current demands and future requirements, we need to have small to medium innovations.”

“Digital technology has the potential to unleash the problems of medical technology and a great help in bringing innovation. Clouds, e-Hospitals, AI Machine Learning and Telemedicine are some of the living examples of digital technology in healthcare delivery,” said Amit Mohan, Chief Operating Officer, LCS Digital & Inside Sales, GE Healthcare, (South Asia). 

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