India, Japan To Enhance Cooperation For Quality Medical Devices
India and Japan will intensify their joint cooperation for the development of an international standard medical device regulatory ecosystem in India
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India and Japan will intensify their joint cooperation for the development of an international standard medical device regulatory ecosystem in India. This partnership, according to the stakeholders, will also facilitate and expedite building up of a world class medical device industry in India.
As part of the move, Indian medical device industry has invited their Japanese counterparts to come and invest in India and support the government initiated ‘Make in India’ program.
The enhanced cooperation is also a firm step towards making Indian devices globally competitive and strengthening domestic capacity to take on international competition, the local industry claimed.
Top government and industry representatives from both the countries deliberated various ways of strengthening this partnership at 2nd Japan-India Medical Products Regulation Symposium held in Tokyo recently.
The symposium was hosted by ministry of Health, Labour and Welfare, Government of Japan and Japanese Pharmaceutical and Medical Device Agency with the support of Japan Pharmaceutical Manufacturers Association, Japan Federation of Medical Devices Association, Federation of Pharmaceutical Manufacturers’ Associations of JAPAN and Osaka Pharmaceutical Manufacturers Association.
While, the Indian side was represented by officials from ministry of Health, Family and Welfare, Central Drugs Standard Control Organization, members from FICCI, Pharmexcil and Indian medical device industry.
The key topics discussed at the cooperative forum included development of medical device regulation, third party medical certifications system, quality standards and GMP system in countries, strategies and challenges for global drug development etc.
“We are extremely happy the way cooperation between a global leader in medical devices and an aspiring leader in this sector progressed during the conference. We will see benefits of these deliberations in coming months which will help Indian medical device sector become globally competitive while we will also see increased investment by Japanese investors in ‘Make in India’ program,” said Rajiv Nath, Forum Coordinator, AiMeD, who was one of the invitee to this high profile conference and made a presentation on Indian Industry preparedness for the Medical Devices Rules and changing ecosystem for enabling manufacturing in India.
An increased cooperation between India and Japan in medical device sector will also help capacity building on export front and increased capability to take on imports, especially from some neighbouring destinations who primarily play on price quotient, Nath added.