Navigation Links
India to set up medical and vaccine parks: Ramadoss

India will set up a medical park and a vaccine park in Chennai soon to help cut costs in the manufacture of healthcare equipment// and for research into new vaccines, said Health Minister Anbumani Ramadoss.

"While the medical park will enable us to manufacture medical equipment for the country, the vaccine park will research on developing new vaccines," Ramadoss told IANS.

"The medical park will be built on 300 acres of land and the vaccine park on 100 acres. The new initiative, being undertaken in collaboration with the commerce ministry, will help cut costs in a major way," he said.

"Currently 90 percent of the medical equipment used in India is imported. The park will help us tackle this situation. It will be open to both national and international companies but the equipment produced will be strictly for domestic use."

The minister said some international companies, especially from China, have evinced interest in the project. Work on the parks, to come up near the airport, will start by the second half of 2007.

According to Ramadoss, healthcare facilities in India were costly because most equipment was imported from outside, and "once this issue is addressed the situation will automatically improve".

For instance, a MRI scanner, which costs over Rs.90 million, can be manufactured in India at less than Rs.20 million. An ultrasound machine costing around Rs.1 million can be manufactured at a fifth the present cost. "So the direct benefit will go to the people."

"The healthcare sector is growing in India and so is the faith of the international community in our medical expertise," said the minister.

"To remain competitive, we have to resort to several innovative strategies. Both the parks will benefit in two ways - help people avail of medical facilities by spending less and provide an edge over other medical tourism destinations."

Without giving details of t he investment proposed, Ramadoss said both the parks would be within two kilometres of Chennai airport.

A group of experts is discussing on the modalities of the vaccine park and its exact nature of operation. "We will soon come up with a clearer roadmap on this," he said.



Source-IANS
'"/>




Related medicine news :

1. Is Diabetes the Leading Cause of Kidney Failure in India
2. AIDS Disaster in India is Imminent
3. Indian Prime Minister has successful Knee Replacement Surgery
4. International community warns India on HIV situation
5. India takes on foot-and-mouth disease by vaccinating animals
6. Development of AIDS vaccine -- Chiron Corp in talks with four Indian cos
7. India to benefit from pharma companies move
8. Healthcare sector is now a multi billion-dollar industry in India
9. The World Bank funds private Hospital in India
10. Parke-Davis (India) runs into rough weather – Court orders attachment of asset
11. Indian Doctor granted US patent on organ regeneration
Post Your Comments:
*Name:
*Comment:
*Email:


(Date:4/30/2016)... ... April 30, 2016 , ... A ... use of the HyProCure sinus tarsi implant. ( http://www.cbc.ca/news/canada/ottawa/banned-quebec-dentist-pierre-dupont-working-as-chiropodist-in-ottawa-1.3515494 ) The ... minimally invasive procedure performed, when indicated, to correct the partial displacement of ...
(Date:4/29/2016)... New York (PRWEB) , ... April 30, 2016 , ... ... Dobbs Ferry campus. The following programs will be expanding due to high demand: ... (HRM). The expansion will begin this summer. , School of Business ...
(Date:4/29/2016)... ... April 29, 2016 , ... ... , announces the addition Onnit brand Alpha BRAIN and New Mood Daily-Stress Formula ... brain and mood optimization products to the store is just one more way ...
(Date:4/29/2016)... ... April 29, 2016 , ... Dr. Bernie Siegel, ... seller "LOVE, MEDICINE and MIRACLES") addresses touchy topics related to Death live on ... . Dr. Bernie Siegel, author of a plethora of essential books-to-read for ...
(Date:4/29/2016)... ... April 29, 2016 , ... A new ... with severe congenital diaphragmatic hernia have better survival rates if surgery is performed ... (CDH)—a condition where the diaphragm fails to form completely, letting abdominal organs into ...
Breaking Medicine News(10 mins):
(Date:4/28/2016)... 28, 2016  The blood testing market in ... to Kalorama Information and The Freedonia Group in a ... acid testing.  The healthcare research firm said that ... blood collection stations and in improving testing at the ... report, Blood Testing Market in China ...
(Date:4/28/2016)... April 28, 2016 Dr. Vivek ... and Ste phen Schmidt ... a leading provider of cloud-based software solutions for life sciences, today ... to bring a wealth of insight to a growing business.  This ... George Phillips joined ArisGlobal in the position ...
(Date:4/28/2016)... 2016  ValGenesis, Inc., the market leader ... today announced that a prominent world provider ... chronic kidney failure has selected ValGenesis Validation ... validation process. The global medical device manufacturer ... manage their validation processes electronically. Upon completion ...
Breaking Medicine Technology: