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As per Ms Karin Ezbiansky Pavese, vice president of Innovation & Sustainability
at the New York Academy of Sciences,”… a system truly poised to innovate is
one in which the barriers between organizations and individuals are broken down,
where collaboration happens across disciplines and sectors, and where a diverse,
democratized culture supports risk taking, tolerates failure, and celebrates
success. The regions and institutions that embrace their importance can gain the
competitive advantage.”
In line with this concept, this annual event is being organized consistently
year after year since 2001 with close involvement and support of the Leading
Industry Associations in Medical Devices, Pharmaceuticals and Plastics sectors,
Government including Regulatory Agencies, Research and Academic Institutes as
well as large number of Raw Materials, Equipment and Expert Service Providers.
We are grateful to all the stakeholders for consistent enthusiastic support for
without which we could not have continued for such a long time.
National Medical Devices Policy, 2023
This policy envisages to promote innovation and Research and Development (R &
D), including for joint R & D projects involving academic institutions and
industry under the ambit of Department’s proposed “National Policy on R & D and
Innovation in the Pharma-MedTech Sector in India”.
We feel proud to say that Some of the objectives of this policy coincides with
the objects of our activities as mentioned under:
• It also aims at establishing Centres of Excellence in academic and research
institutions, innovation hubs, ‘plug and play’ infrastructures and support to
start ups.
• The policy intends to support backward integration with manufacturers of
medical device components and ancillary industry etc. in coordination with the
state governments.
• It will support Phased manufacturing of critical components of medical devices
by calibrated change of customs duties on spares and components to ensure
continuous access and availability of medical devices without supply chain
disruption will be facilitated in order to boost the domestic manufacturing.
• To remove the manufacturing bottlenecks, incentives will be provided to
manufacturers of PCBs and plastic molds / enclosures for medical devices.
• Apart from encouraging students for innovation, the mission is also to create
academia / industry interaction.
Apart from the highlights of the forthcoming conference, this issue includes all
our regular features including technical articles from the experts, industry
news , Global Trends, Compliance, Markets, Materials & more.
D.L. Pandya
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