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.


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:

(Date:11/24/2015)... ... 24, 2015 , ... World Patent Marketing , a ... invention that revolutionizes the vending machine industry by providing healthy and fresh smoothies ... billion," says Scott Cooper, CEO and Creative Director of World Patent Marketing. "Shakes ...
(Date:11/24/2015)... IL (PRWEB) , ... November 24, 2015 , ... ... and engineer of patented products, announces Fragrance by Marcelle, a cosmetic invention which ... The Perfume & Fragrance Manufacturing Market in the US is worth $3 billion ...
(Date:11/24/2015)... ... ... thrilled, as a newbie here, to leave a mark for the entire staff,” exclaimed 4th ... California Casualty . Stephanie is in her fifth year teaching at Santan Elementary School ... is such an amazing school and we deserve a space where we can go to ...
(Date:11/24/2015)... (PRWEB) , ... November 24, 2015 , ... There’s nothing ... containers that gardeners of all levels can enjoy. , This year, gardens are ... can fulfill anyone’s outdoor living needs. , Vita Gardens’ African Keyhole Garden Bed ...
(Date:11/24/2015)... , ... November 24, 2015 , ... On the pleasant ... the second annual Glenholme 5K Run for Autism held at Steep Rock ... in the state, was hailed as another remarkable triumph. , Created and hosted by ...
Breaking Medicine News(10 mins):
(Date:11/24/2015)... Va. , Nov. 24, 2015  DILON Diagnostics ... have signed an agreement for DILON to distribute GE,s ... across the globe. The signing of this distribution agreement will ... NM750b Molecular Breast Imaging system and is considered an ... provide better healthcare solutions for clinicians and their patients. ...
(Date:11/24/2015)... 24, 2015 Avery Biomedical Devices (ABD), manufacturer ... announce the appointment of Anders Jonzon , MD; ... Dr. Jonzon is a Physiologist ... Hospital, Uppsala University, Uppsala and Children,s Hospital, Karolinska, ... a fellow at the Cardiovascular Institute (UCSF). His research ...
(Date:11/24/2015)... LAUSANNE and BERN, Switzerland ... SA, the ARTORG Center for Biomedical Engineering Research of ... and the Division of Endocrinology, Diabetes and Clinical Nutrition ... announce the start of an exclusive collaboration to develop ... control algorithm for the personalised delivery of insulin for ...
Breaking Medicine Technology: