A research grant was also received from the Council of Scientific and Industrial Research (CSIR) for this project, said Joshi who founded Atreya Innovations with the support of entrepreneur Anand Deshpande.
The deal for Inari bolsters Stryker's efforts to build out its offerings to treat a condition called venous thromboembolism, where a blood clot forms in a vein, and other vascular diseases. Under the terms of the deal, which was first reported by Reuters earlier on Monday, Stryker will pay $80 per share for Inari.
The Food and Drug Administration's recommendations apply to pulse oximeters, which are clip-on devices used in hospitals and medical clinics to ensure patients are getting enough oxygen. The FDA said it wants companies to conduct larger studies and include more patients from different racial groups.
The G-Gaiter Paediatric integrates advanced Virtual Reality (VR) technology and real-time interactive games, providing an engaging and stimulating therapy experience, the release stated.
The advertised 14 vacancies include one Additional Drugs Controller, four Joint Drugs Controllers, and nine Deputy Drugs Controllers. All positions are classified as Group 'A' Gazetted non-ministerial roles in the Medical Devices Vertical at CDSCO.
Hospitals in India are increasingly adopting robotic-assisted surgeries as it leads to improved clinical outcomes, patient satisfaction and addresses the surgical skill gaps, Guthart said. "The evidence is that robotic-assisted surgery allows the average surgeon to become better and get better results," he said.
The shock syringe, no bigger than a ballpoint pen, is powered by a micro shock tube system. Using pressurised nitrogen gas, the device generates a rapid microjet of liquid drug, which penetrates the skin at speed double that of a commercial airplane at takeoff. Unlike traditional syringes, which rely on sharp needles, the shock syringe employs the physics of compressed airwaves to deliver medication, ensuring a virtually painless experience.
The agreement will dismiss all pending cases in courts and patent offices worldwide, along with a provision preventing legal action between the companies for patent and appearance disputes for the next 10 years.
Addressing the plenary session on "Charting India's MedTech Revolution: MedTech Expansion Roadmap to 2047", she said, "The medical device sector in India is recognised as a sunrise sector because of its immense growth potential driven by the country's increasing healthcare needs, technological innovations, government support and emerging market opportunities."
The National Testing House (NTH) currently lacks the expertise and capacity to comprehensively test and certify radiation-emitting medical devices, despite existing regulatory oversight from the Atomic Energy Regulatory Board (AERB) and the Central Drugs Standard Control Organization (CDSCO).
The 64 ECG machines, sponsored by Mangalore Refinery and Petrochemicals Limited (MRPL) under its Arogya Samrakshan CSR initiative, aim to strengthen healthcare infrastructure, particularly in rural areas.
Get updates on your preferred social platform
Follow us for the latest news, insider access to events and more.
