Indian medtech association will grow the local industry
This article was originally published in Clinica
Executive Summary
The $1.2bn Indian medical technology industry still awaits the establishment of a system to regulate devices, despite the release some six months ago of a proposal for such a body by the Institute of Nuclear Medicine & Allied Sciences. The proposal calls for the establishment of a national medical devices regulatory authority, based on the US FDA and European models, reports regional consultancy group Pacific Bridge.