Press Releases
Medical Technology sector likely to recover to pre-COVID levels in H2-2021: MTaI
A nuanced policy approach required to ensure recovery happens Some Global firms suffered even up to 85% fall in revenues in April-June 2020. 5% health cess, rupee depreciation, cost escalation, pricing restrictions are major hurdles in recovery and future investments...
As lockdown gets extended, Medical device sector needs urgent govt. support to overcome COVID-19 challenges: MTaI
Supply of medical devices is an essential service to manage the COVID-19 pandemic in India but persistent financial and logistical bottlenecks are creating operational challenges for the sector. The situation has not improved much even after partial lifting of...
Quick government interventions have eased some of the major operational challenges
The lockdown imposed has largely been able to minimize the community spread of the virus, however this had also inadvertently affected the supply chain of essential medical devices…
MedTech industry implores govt to maintain liquidity in the healthcare continuum, in light of current COVID-19 crisis
The MedTech Sector, being at one end of the value chain, is already heavily stressed on liquidity due to the unintended consequences of some well-meaning measures…
Centre-State lack of coordination delivers the medical supply chain a sucker punch
The central government has expeditiously moved through the Department of Pharmaceuticals (DOP) Secretary as well as through the National Pharmaceutical Pricing Authority (NPPA)…
