KIHT: Ready to Launch Medical Technology e-auction

Kalam Institute of Health Technology (KIHT), India’s flagship institute dedicated to medical devices, is getting ready to launch its ambitious e-auction program.

The state of the art institute, build up under the Andhra Pradesh MedTech Zone LTD (AMTZ) project initiative, aims at providing critical component knowledge to relevant institutions for focused research and development.

“Many prototypes are developed by the scientists, unless they reach the prospective manufacturers, huge amounts invested in their research and development will not benefit the indigenous industry and public at large. The e-auction program will help resolve this issue,” the person included.

“Constantly, the research will go on stream in the near future and the software is getting complete,” the person included.

The institute has a separate cell for promoting technology transfer and scientific cooperation. It means to interface with knowledge networks such as national and international associations, industry associations, business councils, regulatory agencies and trade departments.

By a governing board comprising Association of Indian Medical Device Industry (AiMED) KIHT is headed, Stanford-India Biodesign (SIB) Program, Biotechnology Industry Research Assistance Council (BIRAC) and other member institutions.

As per AiMED Forum Coordinator Rajiv Nath, the association will facilitate with the nation’s top scientific institutions to compile a list of patents that have just been already been filed for various technologies and afterward look for the government’s permission to auction them.

It will have strategies set up to decide the priority diseases in the diseases and see the unavailable technologies overseas. These unavailable technologies would be illustrated for research for purposes in India. At present, the county imports more than 75 percent of the medical devices required.

In the innovative portion, the imports are to an extent of 95 percent. Indian medical device manufacturers have been pushing for valuable measures to advance the domestic industry and reduce import dependency which would get reflected in healthcare cost.

While several prototypes created by India’s top scientific institutions are lying idle in various labs, the import dependency stays at 85 percent for products such as artificial dialysis apparatus and haemodialyser, defibrillator, lithotripsy equipment, ECHO, EEG, ECG, anesthesia equipment, laparoscope, an endoscope. The country imports even diagnostic imaging items like X-ray tubes, CT scan and MRI and consumables like a cardiac catheter, syringe, suture, and dialysers.

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