Friday, April 26

Tag: Medical Devices

Pristyn Care raises $4M Series A funding
FUNDING

Pristyn Care raises $4M Series A funding

Pristyn Care, a Bengaluru based healthcare delivery startup raises $4 million in Series A round led by Sequoia India. The company will use this funding to invest in technology and expand its team of medical professionals. Started in late 2018 by Harsimarbir Singh, Dr Vaibhav Kapoor, and Dr Garima Sawhney, Pristyn Care specialises in offering patients affordable advanced surgical care through surgical techniques and recovery measures. It offers patients a range of elective surgeries across proctology, gynaecology, urology and ENT (ear, nose, and throat).  "There is a significant need to improve day care procedures in India. Our vision is to transform the future of healthcare by using improved medical techniques, personalised patient care and support that caters to the special...
Niti Aayog to Push “Make in India” for Medical Devices
INDIA

Niti Aayog to Push “Make in India” for Medical Devices

Government policy think tank, Niti Aayog is all geared up to boost production of medical devices in India. In its meeting held on Wednesday, the organisation discussed mull measures like tax-based incentives and caps on distributor and retailer margins, as reported by sources. The meeting was held under the chairmanship of regulatory body's CEO Amitabh Kant. A person concerned with the matter informed that the Niti Aayog is currently working on proposals o incentivise domestic manufacturing of medical devices following orders from the Prime Minister's Office. Another crucial matter discussed in the meeting was to bring down prices of medical devices as opposed to capping their maximum retail prices. One of the sources said, The government is looking at amending the Drug Prices Con...