IIT Ropar initiates for mentoring start-ups in medical devices

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IIT Ropar initiates for mentoring start-ups in medical devices

Jasbir kapoor/ royalpatiala.in/ Rupnagar

IIT Ropar initiated a three day immersive MedTech Workshop for 7th-10th March 2019. The event was kicked off with the dignitaries, Prof. Raj Bahadur, Vice Chancellor, BFUHS, Faridkot, Prof. R.K.Sinha, Director, CSIR-CSIO, Prof. Sarit. K. Das, Director, IIT Ropar.

IIT Ropar initiates for mentoring start-ups in medical devices

Prof. Raj Bahadur said, “The diversity of products in med-tech segment ranging from plastic vials to surgical instruments to ECG machines to bone implants to MRI machines necessitates specialization and focus in order to build a quality product.  This MedTech at IIT Ropar is an endeavor to foster and facilitate an optimal ecosystem for MedTech in the country such that we are able to alleviate the healthcare challenges of the country and beyond.”

IIT Ropar initiates for mentoring start-ups in medical devices

Prof. Sarit. K.Das said, “As technology and innovation opens new possibilities of enhancing the longevity and quality of human life, medical devices sector has emerged as a new frontier where scientific R&D and business come together to serve unmet needs. IIT Ropar wants to help accelerate the pace of innovation and to contribute to “Make in india” by giving the opportunity to young minds vet their ideas during hackathon.

Divulging more, Assistant Prof. Ashish Sahani spoke about the workshop emphasizing that the aim is to develop strong collaborations between eminent hospitals and engineering institutes of the region to innovate for healthcare challenges of India.

IIT Ropar initiates for mentoring start-ups in medical devices

Prof. R.K.Sinha said, “There is a platform to launch products in global market but the start-ups have to develop a strong product that has latent market. If the product is good, the market is open. Today it is not only about developing a product or getting regulatory approvals but who is going to pay for the compensation and is their scope of getting pay back support. In the past, technology has been based on the incremental changes but now it is about novel products.”

IIT Ropar’s future strategy to strengthen MedTech in the country would involve strengthening existing Center of Biomedical Engineering and providing mentorship and access to technologies to MedTech startups. Further IIT Ropar will seek partnership with national and global agencies in this field.