Say something

Government of India to introduce medical devices regulation bill
Government of India to introduce medical devices regulation bill

The Department of Science & Technology has proposed to bring in a new legislation to enforce uniform and effective standards of Medical Devices throughout the country so as to ensure that substandard devices are not exported, especially to developing countries, which do not have medical devices regulation in place and also for use within the country.

Norwest to Venture Beyond IT to Healthcare and Retail in India
Norwest to Venture Beyond IT to Healthcare and Retail in India

Kurt L Betcher, administrative partner and chief financial officer of Norwest Venture Partners (NVP), and his colleague and general partner Robert B Abbott were recently in India.

Betcher’s focus was on the logistics of setting up and running an office in India, while Abbott, was looking for investment opportunities in the country, beyond the realm of technology that NVP had so far restricted itself to.

SRIT forms a Joint Venture HealthCare ICT Company in China
SRIT forms a Joint Venture HealthCare ICT Company in China

Sobha Renaissance Information Technology (SRIT), a Bangalore based global software products and solutions provider, recently announced the setting up of a joint venture (JV) company in China called Sunpa Sobha Software (China) Ltd with ‘Yunnan Sunpa Image Tel Tech Co. Ltd (Sunpa)’ as its JV partner. Headquartered in Kunming, Sunpa Sobha Software (China) Ltd. will have operating branches in Beijing, Shanghai, Guangzhou, and Shenzhen.

Trivitron(Chennai, India) and Aloka(Japan) sign JV
Trivitron(Chennai, India) and Aloka(Japan) sign JV

Trivitron group of companies, the largest Indian medical technology company and Aloka, the innovators in Ultrasound technology from Japan today announced their joint venture agreement to manufacture cost effective, High Technology Ultrasound equipment in India to suit the needs of the developing countries. The Joint Venture will embark on an Initial investment of about 50 crores by both the companies followed by further investments in due course.

whatsapp--v1