Concept Medical wins Times Healthcare Leaders 2025 award for innovation excellence
Group, a global leader in
drug-eluting technologies
, has been awarded the prestigious
Times Healthcare Leaders Award 2025
for the 'Excellence in Healthcare Innovation – Medical Device & Technology' category.
The accolade, presented by the Times of India Group, recognises the Company's transformative contribution to
cardiovascular intervention
through the development of the world's first
Sirolimus-Coated Balloon
(SCB).
This breakthrough has enabled a metal-less form of angioplasty, representing a paradigm shift in cardiac care by offering a safer, more effective alternative to conventional stent-based treatments for
vascular diseases
.
Concept Medical's innovation has significantly benefited patients worldwide, especially those at high risk from permanent metal implants.
'This recognition reaffirms our core belief that meaningful innovation in healthcare begins with a deep understanding of patient needs and scientific rigor,' said DrManish Doshi, Founder and Managing Director, Concept Medical Group.
'The Sirolimus-Coated Balloon is not just a technological advancement — it's a global solution to safer angioplasty, developed with a mission to improve
patient outcomes
and reduce restenosis.'
The award was received by Dr. Pankaj Gandhi, Chief Research Officer ,Concept Medical and one of the key scientific architects behind the Company's local drug delivery platforms.
With multiple national and international patents to his name, Dr. Gandhi has published extensively in global journals and has been the core member of the R&D team of Drug Eluting Stents (DES) and Drug Coated Balloons (DCB), led by Dr. Manish Doshi, that now forms the backbone of Concept Medical's product portfolio.
Known for his scientific depth and innovative mindset, he continues to spearhead disruptive product development in vascular therapies.
Redefining
Interventional Therapies
Globally
Concept Medical, headquartered in the USA with its manufacturing arm in India, and operations in more than 80 countries, is widely recognized for its specialization in advanced drug-coated balloons and stents across coronary, peripheral, and dialysis access indications.
The company has received multiple FDA Breakthrough device designations, followed by five IDE approvals by the USFDA, a distinction awarded to medical devices that offer significant advantages over existing therapies.
Backed by a strong clinical research engine, Concept Medical is currently engaged in over 50 global clinical trials, positioning itself at the forefront of evidence-based medical innovation.
The Company's mission is rooted in making next-generation drug delivery devices accessible worldwide and transforming patient care through safe and effective drug delivery technologies.
The Times Healthcare Leaders Awards, organized annually by the Times of India Group, celebrates organisations and individuals that are driving innovation, advancing medical research, and improving healthcare delivery in India.
The awards bring together influential voices and changemakers to spotlight excellence in the country's healthcare ecosystem.
With this recognition, Concept Medical further strengthens its reputation as a pioneer in the drug delivery device industry, committed to reshaping the landscape of vascular treatment with cutting-edge, patient-centric solutions.
Disclaimer - The above content is non-editorial, and ET Healthworld hereby disclaims any and all warranties, expressed or implied, relating to it, and does not guarantee, vouch for or necessarily endorse any of the content.
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