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:3/24/2017)... Lake Orion, MI (PRWEB) , ... March 24, ... ... providing insurance assistance, financial planning, and related services to families and business owners ... charity initiative aimed at feeding regional families struggling with financial difficulties. , The ...
(Date:3/24/2017)... ... 2017 , ... On June 9, 2017, Cassie Springer Ayeni ... in Chicago, Illinois. She will present on: , Filing Benefit Claims—Responding to ... involve claims for long-term disability benefits. This session will address the first ...
(Date:3/24/2017)... ... 24, 2017 , ... Judy Buchanan, co-owner of Serenity Natural ... Judy says, “I am passionate about sharing Reiki as a holistic, complementary therapy ... challenging time.” , A Certified Medical Reiki™ Master trained by Raven Keys Medical ...
(Date:3/24/2017)... ... ... “The Adventures of Joey, The Dog Who Barks at Puddles”: a boisterous story about ... as God intended. “The Adventures of Joey, The Dog Who Barks at Puddles” is ... for writing, especially about truth and human behavior. , Published by Christian Faith Publishing, ...
(Date:3/23/2017)... ... 2017 , ... Texas Physical Therapy Specialists (TexPTS) is pleased to announce ... The clinic is the group’s second in New Braunfels and 22nd in Texas. , ... Braunfels location brings things full circle for the group, “It’s crazy to think that ...
Breaking Medicine News(10 mins):
(Date:3/23/2017)... , March 23, 2017  Interpace Diagnostics Group, ... a fully integrated commercial company that provides clinically ... announced that it has entered into agreements to ... RedPath Shareholders ("RedPath") and concurrently terminate its royalty ... outstanding secured debt to RedPath amounting to $9.34 ...
(Date:3/23/2017)... -- Drug diversion is a significant contributing factor in ... new oral fluid monitoring test, announced today by ... detailed and actionable information to clinicians than urine ... patient safety, and help to identify drug diversion. ... Evaluation (CORE) system is the first patient-monitoring screening ...
(Date:3/23/2017)... VANCOUVER , March 23, 2017 /PRNewswire/ - INVICTUS ... OTC: IVITF; FRA: 8IS) Invictus MD announces that AB ... crops in its licensed production facility under the Access ... Hamilton, Ontario . ... ACMPR in October 2016, is currently operating at half ...
Breaking Medicine Technology: