S3V Vascular Technologies Launches Nextgen Hydrophilic Coated PTCA Balloon Catheter
Bengaluru, Karnataka, India – Talking about the S3V, medical devices market, Dr. Bindu Dey, Secretary, Technology Development Board, Ministry of Science & Technology, Government of India said, "We were good on pharma, diagnostics, but on devices front, we lag way behind. 75 percent of medical devices used in treatment of cardiovascular treatment are imported."
She further said, "By the year 2025, the medical device market would grow to USD 50 billion and that Indian companies must take advantage of it."
To read the full announcement:
...S3V has entered into a non-exclusive global License and Supply Agreement with DSM Biomedical, a global solutions provider in biomedical science and regenerative medicine, for integration of their hydrophilic coating. The material master file of this coating is available with all regulatory bodies including the USFDA. Many medical devices using these coatings have received FDA approval and CE marking. The Technology Transfer from DSM Biomedical is currently being implemented.