Tag
Medical Devices
12 articles
Government support for pharmaceutical and medical device innovation is set to accelerate growth within the Indian healthcare technology landscape. The Department of Pharmaceuticals recently launched a new funding track under the PRIP Scheme, allocating up to ₹50 crore to startups and MSMEs focused on new medicines, complex generics/biosimilars, and novel medical devices. This initiative, part of a larger ₹5,000 crore outlay, complements recent strong financial performance from companies like Molbio Diagnostics and Shree Pacetronix, signaling a favorable environment for medical device manufacturers and potentially attracting further investment into the sector. The focus on early-stage drug discovery projects underscores a long-term commitment to fostering indigenous innovation and strengthening India’s position in the global medical device market.
Lord’s Mark Secures MHRA IVD Registration for UK
Lord’s Mark Industries obtained MHRA registration for its IVD portfolio covering haematological cell analysers, clinical chemistry analysers, diluents and cleaning agents, dated September 24, 2026.
Th
Carl Zeiss Meditec Rating Updated by Analyst
Carl Zeiss Meditec AG received an investment‑bank analyst rating update, announced on 5 Oct 2026.
Pro News published the announcement at 11:27 am and issued an update at 11:31 am the same day.
The rel
Stryker Launches Mako 4 Robotics in India
Stryker announced launch of Mako 4 SmartRobotics, its fourth‑generation robotic‑arm system for joint replacement, now available in India.
Mako 4 integrates 3D CT planning, AccuStop™ haptic guidance an
QMS Medical 9th AGM Approves Dividend, Director Reappointment
QMS Medical held its 9th AGM on September 30, 2026 via video conference to transact ordinary and special business.
Shareholders approved FY26 financial statements, 5% final dividend, and reappointment
DoP Announces ₹50 Crore Pharma Discovery Track
Department of Pharmaceuticals launches New Discovery track under PRIP Scheme offering up to ₹50 crore financial assistance per project for drug discovery startups and MSMEs.
The scheme requires minimu
India's Pharma PLI Schemes Achieve ₹55,954 Crore Investment
Government reports PLI schemes for pharma, bulk drugs, and medical devices have attracted ₹55,954 crore investment, exceeding targets.
Bulk Drugs PLI achieved ₹5,210 crore investment with 39 projects
DoP Announces ₹50 Crore Pharma Innovation Funding Track
Department of Pharmaceuticals launches New Discovery track under PRIP Scheme offering up to ₹50 crore funding for pharma startups and MSMEs.
Scheme requires minimum 25% co-funding from institutional i
ASMS Huwel Collaboration Expands RT-PCR Testing Access
ASMS and Huwel Lifesciences strengthen collaboration to build nationwide commercialization platform for Cubo RT-PCR system.
Initiative aims to expand molecular diagnostics access across India's privat
IIT Kharagpur Healthcare Hub Enters Sustainable Phase
DSIR-CRTDH Hub at IIT Kharagpur transitions to self-sustaining model through user fees and industry partnerships after initial grant support.
Hub has facilitated over 20 technology transfers with many
Amkay Products FY26 Revenue Up 9.5% to ₹4202.7 Lakh
Amkay Products Limited filed its 19th Annual General Meeting notice and Annual Report for FY 2025-26 with BSE, pursuant to SEBI Regulations 30 and 34.
Revenue from operations increased 9.47% to ₹4202.
Molbio Diagnostics Q1 PAT at ₹52.74 Cr
Molbio Diagnostics reported Q1 FY27 unaudited results with Total Income of ₹411.48 Cr, a significant increase from ₹100.47 Cr in Q1 FY26.
EBITDA improved to ₹103.68 Cr profit from a ₹14.50 Cr loss in
Shree Pacetronix FY26 Net Profit Surges 319% to ₹314 Crore
Shree Pacetronix reported consolidated FY26 net profit surged 319% to ₹314.39 crore with revenue growth of 29% to ₹2,163.69 crore, showing significant improvement.
Company completed preferential allot