Mutual Funds Commodities Research Tax Planning IPO Our Team Contact Us    
Google
Web www.equitybulls.com
Stock Report

| More

Cyient and lndia 2022 Coalition Launch MedTechConnect Platform

Posted On: 2019-04-18 17:42:19


Cyient, a global provider of engineering, manufacturing, geospatial, digital, network, and operations management solutions to global industry leaders, in partnership with Xynteo, an international advisory firm, announced the launch of the MedTechConnect platform, aimed at bringing medtech stakeholders together to address India's 'last-mile challenge' in healthcare and, ultimately, touch millions of lives by 2022 and beyond.

India is home to a thriving technology ecosystem, yet more than 80% of its medical technologies and devices are imported. A large segment of the country's population still does not have access to basic healthcare services. The mission of the MedTechConnect platform is to bridge this gap by delivering disrupti•e medical technologies that create a step-change in healthcare delivery to every corner of the country, while catalyzing innovative business models to minimize the cost and maximize the reach of these technologies.

MedTechConnect will enable a collaborative ecosystem comprised of stakeholders across the healthcare value chain (start-ups, innovation hubs, academia, industry and government bodies, funding and investment partners, and scaling channels across private and public channels) and will foster the development of technologically advanced healthcare solutions that are accessible, affordable and beneficial to people across the country. Members of the platform will work on three levels:

INNOVATION

Develop partnerships with institutions that ideate, incubate and fund technologies to source breakthrough medtech solutions.

DEVELOPMENT

Take solutions from labs to market with support on product industrialization, clinical validation, regulatory compliance and design for manufacturing.

COMMERCIALIZATION

Build a ready network of trusted private and public channels to scale with sustainable models.

As a partner organization of lndia2022, a business-led coalition, committed to creating a new model of growth by the 75th year of India's independence, Cyient leads the Healthcare Impact Track. Cyient in partnership with Xynteo, established MedTechConnect to promote high quality indigenous healthcare technologies and make them accessible to people from all demographic and geographic backgrounds.

With several industry experts on the advisory board and Cyient and lndia2022 coalition (powered by Xynteo). as founding partners, MedTechConnect has already facilitated a rich ecosystem with innovative start-ups, industry bodies and scaling partners. Our current partners include Cardiac Design Labs, Bioscan Research, AiMeD, the Publich Health Foundation of India, the Centre for Cellular And Molecular Platforms (C-CAMP). Social Alpha, and Cygnus Hospitals.

Cyient's Senior Vice President of Medical Technology and Healthcare, Brian Wyatt said, "We have been working with Xynteo and our advisers and ecosystem partners to make MedTechConnect a reality since Cyientjoined lndia2022 Coalition last year. The platform was shaped by combining Cyient's expertise in medical technology and healthcare with creative ideas from the Xynteo team, valuable suggestions from our advisory board and actual challenges faced by the participants across the patient care continuum. We believe collaboration among healthcare stakeholders and a cross-pollination of ideas will play a pivotal role in addressing current industry challenges, promoting innovation and improving overall population health."

Managing Director ofXynteo India, Subhashini Chandran said, "MedTechConnect combines technology with the power of collaboration to improve healthcare delivery in India, particularly at the last -mile. This platform is a great example of India 2022 coalition's operating model - bringing together a wide range of key constituents to work together in new ways for systems transformation."

Shares of Cyient Limited was last trading in BSE at Rs.587.75 as compared to the previous close of Rs. 586.85. The total number of shares traded during the day was 3744 in over 192 trades.

The stock hit an intraday high of Rs. 593.75 and intraday low of 586. The net turnover during the day was Rs. 2209962.


Source: Equity Bulls

Click here to send ur comments or to feedback@equitybulls.com





Other Headlines:

Multi Commodity Exchange of India Ltd Board approves dividend of Rs. 30

The Great Eastern Shipping Company Ltd reports loss of Rs. 50.68 crore in Q4 FY20

CreditAccess Grameen Ltd Q4 FY20 consolidated PAT slips to Rs. 28.84 crore

Amber Enterprises India Ltd Q4 consolidated PAT at Rs. 62.84 crore

Mercury Laboratories Ltd Q4 loss at Rs. 0.35 crore

Moody's downgrades India Infoline Finance Limited to B1 from Ba3, ratings remain under review for downgrade

Mercury Laboratories Ltd Board recommends Dividend of Rs. 2 for FY20

MCX Q4 consolidated net profit up at Rs. 65.50 crore

Lemon Tree Hotels Ltd board approves fund raising proposal

Amara Raja Batteries Ltd reports Q4 FY20 consolidated net profit of Rs. 137.30 crore

Seshasayee Paper and Boards Ltd board recommends dividend of Rs. 4

IDBI Bank Back in Black, registers Net Profit of Rs. 135 crore in Q4 FY 2020 after 13 Quarters

Polycab India Ltd reports Rs. 213.93 crore consolidated PAT in Q4 FY20

KEI Industries Ltd posts consolidated PAT of Rs. 62.03 crore in Q4 FY20

Seshasayee Paper and Boards Ltd Q4 FY20 consolidated PAT at Rs. 48.01 crore

The Great Eastern Shipping Company Ltd board declares interim dividend of Rs. 2.70

Kotak Mahindra Bank allots 6.5 crore shares at Rs. 1145 per share

Affle India Ltd Q4 consolidated PAT up YoY at Rs. 15.28 crore

Advanced Enzyme Technologies Ltd board recommends dividend of Rs. 0.60

RCF's Q4 2019-20 profit after tax rises over 190 % over Q4 2018-19

Eris Lifesciences Ltd board to consider Q4, FY20 results on June 2, 2020

Advanced Enzyme Technologies Ltd Q4 consolidated PAT at Rs. 31.33 crore

Kaveri Seed Company Ltd Q4 FY20 consolidated net profit at Rs. 7.57 crore

Kanpur Plastipack Ltd Board recommends final dividend of Rs. 0.60 for FY20

Techno Electric & Engineering Company Ltd to sell its stake in JKTPL

NLC India Limited raises Rs. 500 crore through Commercial Paper

Kanpur Plastipack Ltd Q4 PAT at Rs. 0.47 crore

CRISIL updates on rating of Jubilant Life Sciences Limited

KRBL Limited board to announce Q4, FY20 results on June 9, 2020

Sagar Cements Ltd reports Rs. 1.29 crore consolidated PAT in Q4 FY20

Procter & Gamble Health Ltd posts Rs. 46.46 crore PAT during the quarter ended March 31, 2020

Customer Service a Priority: Maruti Suzuki announces extension of free service and warranty

Suven Life Sciences Ltd board to consider Q4, FY20 results on June 5, 2020

Everest Industries Ltd Board recommends dividend of Rs. 1 for FY20

ESAF Small Finance Bank Profit Soars 110%

Lemon Tree Hotels Ltd Q4 FY20 loss at Rs. 17.91 crore

IndiGo announces the appointment of Dr. Venkataramani Sumantran as an Independent Director

Sundaram Finance FY20 Net Profit at Rs. 724 crores, revenues up 16% at Rs. 3842 crores

KPTL announces execution of share purchase agreement for divestment of stake in Jhajjar KT Transco Transmission Asset

YES Bank acquires 24.19% in Dish TV India Ltd through invocation of pledged shares

V-Mart reports 16% revenue growth and 61% increase in EBITDA y-o-y in FY20

India Ratings Maintains Union Bank of India on RWE

CRISIL assigns 'CRISIL AAA/Stable' Rating on Rs. 500 crores NonConvertible Debenture (NCD) Programme of M&M

SCI Q4 consolidated PAT at Rs. 111.05 crore

IndiGrid announces execution of share purchase agreement for acquisition of Jhajjar KT Transco Private Limited

The Shipping Corporation of India Limited board recommends final dividend of Rs. 0.75

Sundaram Finance Ltd Board recommends Final Dividend of Rs. 3

Equitas Holdings Ltd Q4 consolidated PAT slides to Rs. 14.59 crore

Metropolis Healthcare Ltd Q4 consolidated PAT drops to Rs. 15.49 crore

VOLTAS Ltd Q4 consolidated PAT up at Rs. 158.66 crore







Website Created & Maintained by : Chennai Scripts
West Mambalam, Chennai - 600 033,
Tamil Nadu, India

disclaimer copyright © 2005 - 2019