Medical Dialogues
  • Dermatology
Login Register
This site is intended for healthcare professionals only
Login Register
  • MD Brand Connect
  • Vaccine Hub
  • MDTV
    • Breaking News
    • Medical News Today
    • Health News Today
    • Latest
    • Journal Club
    • Medico Legal Update
    • Latest Webinars
    • MD Shorts
    • Health Dialogues
  • Fact Check
  • Health Dialogues
Medical Dialogues
  • Medical News & Guidelines
      • Anesthesiology
      • Cardiology and CTVS
      • Critical Care
      • Dentistry
      • Dermatology
      • Diabetes and Endocrinology
      • ENT
      • Gastroenterology
      • Medicine
      • Nephrology
      • Neurology
      • Obstretics-Gynaecology
      • Oncology
      • Ophthalmology
      • Orthopaedics
      • Pediatrics-Neonatology
      • Psychiatry
      • Pulmonology
      • Radiology
      • Surgery
      • Urology
      • Laboratory Medicine
      • Diet
      • Nursing
      • Paramedical
      • Physiotherapy
  • Health news
      • Doctor News
      • Government Policies
      • Hospital & Diagnostics
      • International Health News
      • Medical Organization News
      • Medico Legal News
      • NBE News
      • NMC News
  • Fact Check
      • Bone Health Fact Check
      • Brain Health Fact Check
      • Cancer Related Fact Check
      • Child Care Fact Check
      • Dental and oral health fact check
      • Diabetes and metabolic health fact check
      • Diet and Nutrition Fact Check
      • Eye and ENT Care Fact Check
      • Fitness fact check
      • Gut health fact check
      • Heart health fact check
      • Kidney health fact check
      • Medical education fact check
      • Men's health fact check
      • Respiratory fact check
      • Skin and hair care fact check
      • Vaccine and Immunization fact check
      • Women's health fact check
  • AYUSH
    • Ayurveda
    • Homeopathy
    • Siddha
    • Unani
    • Yoga
  • State News
      • Andaman and Nicobar Islands
      • Andhra Pradesh
      • Arunachal Pradesh
      • Assam
      • Bihar
      • Chandigarh
      • Chattisgarh
      • Dadra and Nagar Haveli
      • Daman and Diu
      • Delhi
      • Goa
      • Gujarat
      • Haryana
      • Himachal Pradesh
      • Jammu & Kashmir
      • Jharkhand
      • Karnataka
      • Kerala
      • Ladakh
      • Lakshadweep
      • Madhya Pradesh
      • Maharashtra
      • Manipur
      • Meghalaya
      • Mizoram
      • Nagaland
      • Odisha
      • Puducherry
      • Punjab
      • Rajasthan
      • Sikkim
      • Tamil Nadu
      • Telangana
      • Tripura
      • Uttar Pradesh
      • Uttrakhand
      • West Bengal
  • Medical Education
      • Ayush Education News
      • Dentistry Education News
      • Medical Admission News
      • Medical Colleges News
      • Medical Courses News
      • Medical Universities News
      • Nursing education News
      • Paramedical Education News
      • Study Abroad
  • Industry
      • Health Investment News
      • Health Startup News
      • Medical Devices News
      • Pharma News
      • Pharmacy Education News
      • Industry Perspective
  • MDTV
      • Health Dialogues MDTV
      • Health News today MDTV
      • Latest Videos MDTV
      • Latest Webinars MDTV
      • MD shorts MDTV
      • Medical News Today MDTV
      • Medico Legal Update MDTV
      • Top Videos MDTV
      • Health Perspectives MDTV
      • Journal Club MDTV
      • Medical Dialogues Show
This site is intended for healthcare professionals only
LoginRegister
Medical Dialogues
LoginRegister
  • Home
  • Medical news & Guidelines
    • Anesthesiology
    • Cardiology and CTVS
    • Critical Care
    • Dentistry
    • Dermatology
    • Diabetes and Endocrinology
    • ENT
    • Gastroenterology
    • Medicine
    • Nephrology
    • Neurology
    • Obstretics-Gynaecology
    • Oncology
    • Ophthalmology
    • Orthopaedics
    • Pediatrics-Neonatology
    • Psychiatry
    • Pulmonology
    • Radiology
    • Surgery
    • Urology
    • Laboratory Medicine
    • Diet
    • Nursing
    • Paramedical
    • Physiotherapy
  • Health news
    • Doctor News
    • Government Policies
    • Hospital & Diagnostics
    • International Health News
    • Medical Organization News
    • Medico Legal News
    • NBE News
    • NMC News
  • Fact Check
    • Bone Health Fact Check
    • Brain Health Fact Check
    • Cancer Related Fact Check
    • Child Care Fact Check
    • Dental and oral health fact check
    • Diabetes and metabolic health fact check
    • Diet and Nutrition Fact Check
    • Eye and ENT Care Fact Check
    • Fitness fact check
    • Gut health fact check
    • Heart health fact check
    • Kidney health fact check
    • Medical education fact check
    • Men's health fact check
    • Respiratory fact check
    • Skin and hair care fact check
    • Vaccine and Immunization fact check
    • Women's health fact check
  • AYUSH
    • Ayurveda
      • Ayurveda Giuidelines
      • Ayurveda News
    • Homeopathy
      • Homeopathy Guidelines
      • Homeopathy News
    • Siddha
      • Siddha Guidelines
      • Siddha News
    • Unani
      • Unani Guidelines
      • Unani News
    • Yoga
      • Yoga Guidelines
      • Yoga News
  • State News
    • Andaman and Nicobar Islands
    • Andhra Pradesh
    • Arunachal Pradesh
    • Assam
    • Bihar
    • Chandigarh
    • Chattisgarh
    • Dadra and Nagar Haveli
    • Daman and Diu
    • Delhi
    • Goa
    • Gujarat
    • Haryana
    • Himachal Pradesh
    • Jammu & Kashmir
    • Jharkhand
    • Karnataka
    • Kerala
    • Ladakh
    • Lakshadweep
    • Madhya Pradesh
    • Maharashtra
    • Manipur
    • Meghalaya
    • Mizoram
    • Nagaland
    • Odisha
    • Puducherry
    • Punjab
    • Rajasthan
    • Sikkim
    • Tamil Nadu
    • Telangana
    • Tripura
    • Uttar Pradesh
    • Uttrakhand
    • West Bengal
  • Medical Education
    • Ayush Education News
    • Dentistry Education News
    • Medical Admission News
    • Medical Colleges News
    • Medical Courses News
    • Medical Universities News
    • Nursing education News
    • Paramedical Education News
    • Study Abroad
  • Industry
    • Health Investment News
    • Health Startup News
    • Medical Devices News
    • Pharma News
      • CDSCO (Central Drugs Standard Control Organisation) News
    • Pharmacy Education News
    • Industry Perspective
  • Home
  • News
  • Industry
  • Medical Devices News
  • Telangana Governor...

Telangana Governor Tamilisai Soundararajan appreciates S3V Vascular Technologies effort to bring medical devices at affordable cost

Ruchika SharmaWritten by Ruchika Sharma Published On 2022-12-17T13:30:44+05:30  |  Updated On 17 Dec 2022 1:30 PM IST
Telangana Governor Tamilisai Soundararajan appreciates S3V Vascular Technologies effort to bring medical devices at affordable cost
  • facebook
  • twitter
  • linkedin
  • whatsapp
  • Telegram
  • Email

She thanked Prime Minister Modi for bringing in policies that are efficient, competitive, and resilient for making indigenous manufacturing easier and wished that more and more such start-up companies should come up in the healthcare sector to make it economical and affordable to all.

Hyderabad: Telangana Governor Tamilisai Soundararajan on Thursday attended the Product Demonstration of Stent Retriever and Awareness Program on Acute Ischemic Stroke organised by S3V Vascular Technologies Limited, Hyderabad at Raj Bhavan, Hyderabad.

The stent retriever is an indigenous product manufactured by M/s. S3V Vascular Technologies Limited is a start-up company with the aim of bringing the cost of a stent retriever to Rs. 50,000 to make it even more affordable to all. Presently these are imported at the cost of around Rs. 4,00,000, as per an official statement.
Speaking on the occasion, the Governor appreciated the efforts of M/s. S3V Vascular Technologies Limited for making these valuable medical intervening devices indigenously at an affordable cost to improve healthcare in India.
"It is in fact the vision of Prime Minister Narendra Modi through Atma Nirbhar Bharat Abhiyan to make India self-reliant in each and every field so that India can play a bigger and more important part in the global economy," said Telangana Governor Tamilisai Soundararajan.
She thanked Prime Minister Modi for bringing in policies that are efficient, competitive, and resilient for making indigenous manufacturing easier and wished that more and more such start-up companies should come up in the healthcare sector to make it economical and affordable to all.
In this program, Dr Balaram Bhargava, Former Director General, ICMR and Head Cordio Thorosis, AIIMS, New Delhi, Dr Mathew Cherian, Interventional Radiologist, Coimbatore, Sri M.B. Gowtama and Dr Vijay Gopal, Directors of S3V Vascular Technologies Limited participated.
"When blood stops flowing to the heart, you get a heart attack. In the same way, a stroke in the brain is a brain attack. A blood clot blocks the blood vessel of the brain, a blood vessel needs to be opened so that the person can walk again. But the problem is to open the blood vessel when the brain is still alive. So there is a time limit. So the faster the clot is removed the better it is," said Matthew Cherian speaking to ANI.
"First thing is to inform people around the country that a stroke is treatable, but the challenge we face in India is all the devices that take out the clot are imported from multi-national companies, Either from the USA or Europe. So because of that the material comes at 3 to 4 lakhs. Equipment and drugs will cost the patient close to 5 lakhs," he said.
"So one of the aims of S3V company is to try to make the catheters in India at 25 to 30 percent of the cost. So we are trying to make the catheters in India close to 50k to 75k. So that within the government schemes we can treat the patients," he said.
The suction catheter has to go right inside the blood vessel and using the suction pump we take the clot. So the tube is inserted through the edition which is cut by laser cutters to give the shape, this device alone is purchased at 1,75, 000. It will make a big difference if we can make the product from 25 to 30k. In the same way, tubing is very complex, it has multiple layers, and all this has to go inside the body.
So the aim of the new venture is to see the technology is available to the poorest Indian through the Prime Minister's scheme. We should see no Indian die because of lack of money. If we can do that, our company will truly transform the country. The aim is not only to make the catheters just like the west but try to make them much better and try to start selling to other countries that cannot afford to sell the catheters. So that's Dr Balram's vision and Modi's vision.
Dr Balaram Bhargava said that Make for India and also making for the world which is the vision of our leadership, India will become a world leader in Health care, we have seen it in vaccines, drugs, Human resources, Digital India, and now we are going to see in Medical devices, we are seeing unleashing of the medical device revolution in India and across the world. The product is ready, it is state of the art.
NG Badri Narayan said that In the next 4 to 5 months, we hope to commercially launch them in India. We are trying to see what price will fit in government reimbursement programs, so that's the target. The price is based on what would make it available to a common reimbursement program so that is the strategy.

Read also:

Tamilisai SoundararajanS3V Vascular TechnologiesStent RetrieverAcute Ischemic StrokePM Narendra Modi
Source : ANI
Ruchika Sharma
Ruchika Sharma

    Ruchika Sharma joined Medical Dialogue as an Correspondent for the Business Section in 2019. She covers all the updates in the Pharmaceutical field, Policy, Insurance, Business Healthcare, Medical News, Health News, Pharma News, Healthcare and Investment. She has completed her B.Com from Delhi University and then pursued postgraduation in M.Com. She can be contacted at editorial@medicaldialogues.in Contact no. 011-43720751

    Show Full Article
    Next Story

    Editorial

    Real-World Case study: Darbepoetin Alfa for Chemotherapy-Induced Anemia in Metastatic Breast Cancer - Dr Aditya Murali

    Real-World Case study: Darbepoetin Alfa for Chemotherapy-Induced Anemia in Metastatic Breast Cancer...

    Aspirin in Primary Prevention- When to Consider?

    Aspirin in Primary Prevention- When to Consider?

    Featured image representing medico legal

    What's the Role of Expert Opinion in Medical Negligence?

    7- Point Discharge Protocol for AECOPD: Time to Inculcate in Practice

    7- Point Discharge Protocol for AECOPD: Time to Inculcate in Practice

    Aspirin Use in Women Aged 40-50 with Diabetes and Hypertension: Identifying the Ideal Candidates

    Aspirin Use in Women Aged 40-50 with Diabetes and Hypertension: Identifying the Ideal Candidates

    View All

    Journal Club Today

    High Blood Pressure in Children Tied to Mothers Pregnancy Health: NIH Study Finds

    High Blood Pressure in Children Tied to Mother's Pregnancy Health: NIH Study Finds

    View All

    Health News Today

    Health Bulletin 10/ May/ 2025

    Health Bulletin 10/ May/ 2025

    View All
    © 2022 All Rights Reserved.
    Powered By: Hocalwire
    X
    We use cookies for analytics, advertising and to improve our site. You agree to our use of cookies by continuing to use our site. To know more, see our Cookie Policy and Cookie Settings.Ok