Philips makes $631 mln provision for recall litigation costs – ET HealthWorld

Philips makes 1 mln provision for recall litigation costs – ET HealthWorld

Amsterdam: Philips, a Dutch health technology company on Monday said it had set aside 575 million euros ($631 million) for possible litigation costs related to its global recall of respiratory machines. Amsterdam-based Philips is grappling with the fallout of a global recall of millions of respirators used to treat sleep apnoea, announced in June 2021 … Read more

MedTech industry recommends MDTAG representation in Centre’s Committee to frame new drugs, medical devices act

MedTech industry recommends MDTAG representation in Centre’s Committee to frame new drugs, medical devices act

The Union Health Ministry has formed a committee to frame the New Drugs, Cosmetics And Medical Devices Bill for the enactment of New Drugs, Cosmetics and Medical Devices Act. Medical device industry has asked for Medical Devices Technical Advisory Group (MDTAG) representation in Centre’s committee for framing of new drugs, cosmetics and medical devices act.The … Read more

NPPA asks orthopaedic knee implant companies to furnish price data by August 12, 2021 for price monitoring

NPPA asks orthopaedic knee implant companies to furnish price data by August 12, 2021 for price monitoring

NPPA has also directed all medical devices associations to disseminate the information among their member companies. The national drug pricing regulator National Pharmaceutical Pricing Authority (NPPA) has directed Importers and Manufacturers of Orthopaedic Knee Implants for Orthopaedic Knee Replacement System to furnish price data by August 12, 2021 for price monitoring purpose. The move is … Read more

Wearing a Mask? It May Come From China’s Controversial Labor Program

Wearing a Mask? It May Come From China’s Controversial Labor Program

If you are one of the millions of people around the world wearing a face mask because of the coronavirus pandemic, this footage may concern you. It shows a group of Uighurs arriving at a textile company that started producing masks in response to the pandemic. The Uighurs are a long-persecuted, largely Muslim ethnic minority. … Read more