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Time of India
28-07-2025
- Business
- Time of India
License overload, inconsistent regulations hurting healthcare businesses: NATHEALTH
New Delhi: Calling for a complete overhaul of the existing regulatory and licensing framework in India, industry representative NATHEALTH flagged that the country's 'complex regulatory structure is creating compliance bottlenecks for the healthcare sector and preventing ease of doing business.' In a meeting with the Niti Aayog members, the lobby group presented a whitepaper highlighting that, healthcare industry is one of the 'top three' regulated sectors in India, where 60 per cent of regulations are decentralized, thereby leading to complexity of compliance due to lack of standardization. The white ciphered co-authored by EY covers three sectors in healthcare viz hospitals, diagnostics and medtech and underlines that businesses operating under these segments face multiple or numerous licensing requirements and are struggling with a highly dynamic and changing regulatory landscape with little or no transition time. Speaking to media after their meeting with Niti Aayog, Ameera Shah, President, NATHEALTH, said, 'Under the white paper we have highlighted that regulatory standards vary frequently across different states, and there is often a lack of clarity regarding these regulations.' 'Among the segments, there are variations, with diagnostics being less regulated, while hospitals and medtech face much stricter regulations,' Shah added. Sharing the MedTech-related concerns raised during the meeting, Himanshu Baid, Vice President, NATHEALTH, said, 'Being classified as drugs, MedTech products are overregulated and at the meet we highlighted the Quality Control Orders (QCOs), which are hampering the manufacturing of medical devices in the country.' 'We also highlighted issues such as the overlap between government departments and labeling challenges, where we are regulated by both the CDSCO and the Ministry of Consumer Affairs, " Baid added. On Niti Aayog's response, Baid apprised, 'NITI was very receptive to the issues raised, and we will meet again in about eight weeks with concrete solutions and for further discussions.' Secondly Niti Aayog shares NATHEALTH's view that there should be a separate Act for medical devices, he added. As per Shah, the whitepaper shared with the government policy think tanks includes a total of 70 regulatory and licensing challenges of which 12 have highlighted as the 'top challenges which require urgent attention.' For hospitals the whitepaper outlines issues like state registrations for medical practitioners leading to multiple UIN generations and administrative burden, Licensing of blood banks required for central and state licensing authorities, among several others. Similarly for the other two segments diagnsotics and MedTech it includes Lack of standardization in clinical establishment regulations across states, different licensing authorities based on activity and class of device leading to multiple registrations and delays. Besides these issues the papers includes two long standing agnostics issues related to the restriction on hospital building heights that is stated to reduce the number of hospitals bed capacity and concerns over stringent penalties imposed in case of failure to obtain or renew consent in a timely manner. Among its key recommendations, the whitepaper features short, medium and long term suggestions for addressing them including single window clearance, adoption of global standards–ISO and embracing digitization— health records, signatures. 'We seek government support to address these hurdles, which will help the sector grow faster and improve patient access,' Shah noted.
Ya Biladi
19-07-2025
- Business
- Ya Biladi
Morocco National Hackathon supports digitalization for four local NGOs
The closing ceremony of the National Hackathon for the Digitalization of Civil Society took place on Friday, July 18, in Salé. On this occasion, Huawei Morocco, in partnership with the delegated ministry attached to the Head of Government in charge of relations with Parliament, unveiled the four winning projects of this year's edition. Submitted by associations from various regions of the country, the selected initiatives stand out for their strong local roots and are expected to have a meaningful impact on the ground. The event was organized in collaboration with 45 associations and aimed to «support the digital transformation of civil society organizations through concrete technological projects, designed and developed over three days with the support of technical mentors and Huawei experts», the organizers explained. Jason Chen, Vice President of Huawei Morocco, emphasized the significance of this initiative. In his opening remarks, he highlighted the transformative power of digital tools and their positive effects on local civil society actions, particularly when it comes to the broader socio-economic value they can generate. Among the four winning projects was one led by the Tarwa N'tmazirt Association for Development, based in Sidi Ifni. The project focuses on digitally monitoring the growth and irrigation status of the region's argan forests, an essential part of Morocco's environmental heritage that requires collective efforts to preserve. Lahcen Baid, president of the NGO and recipient of the fourth prize, told Yabiladi that the initiative reflects the association's long-standing commitment to protecting this endemic tree. The group has already planted 20,000 trees in the Sebt Ennabour commune. «The support for the digitalization of this project will allow us to rigorously monitor each of our argan trees remotely, over a large area of several hectares», Baid explained. The association is deeply committed to ensuring the project's success, especially since Baid himself comes from a family that has cultivated argan trees for generations in the region. «We are working to replant and preserve these trees in the best possible way because we have noticed they are deteriorating in our locality. To preserve this ancestral practice, we've not only committed to reviving this endemic species, but also to using digital tools to enhance its conservation for agricultural purposes». The association also highlighted that the argan tree is particularly water-efficient, an increasingly important trait in a country facing one of its most severe droughts. In this context, «modernizing the irrigation methods of argan forests offers nothing but benefits: avoiding excessive watering, maintaining the trees more effectively, and optimizing the use of water resources allocated to agriculture», Baid added. Digitalization Benefiting Social Initiatives The first prize of the hackathon was awarded to the Tawada Association for Development and Culture, based in Tounfite, in the Midelt province. Ali Aït Rouh, president of the NGO, told Yabiladi that their winning project is a digital platform designed to improve the distribution of clothing and blankets to local populations living in mountainous and remote areas. «The goal is to centralize donations and connect donors directly with beneficiaries, streamlining the donation process and ensuring that distributions effectively reach the targeted regions», he explained. «These areas are known for their very harsh winters. For years, we've been collecting donations through social media and online appeals. While we received responses, they were limited compared to the actual needs on the ground», he added. «The creation of this dedicated platform, further supported by the hackathon, will streamline the donation circuit and make it even more impactful, with greater benefits for the communities in need». Aït Rouh also expressed hope that the digitalization initiative «will add value by complementing the efforts made by other local civil society actors, associations from other cities, international NGOs, local authorities, and the Mohammed V Foundation for Solidarity, all of which are involved in winter aid operations in Tounfite». The third prize went to the Baraa Association in Oulad Teïma for its app project aimed at educators to enhance the quality of primary education in rural areas. The second prize was awarded to the Moroccan Civil Aid Association – Lakhsas, for its initiative to create a digital platform to support people with disabilities by identifying their needs in education and training.
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Business Standard
07-05-2025
- Business
- Business Standard
Poly Medicure Q4 results: Profit rises 34% on strong exports, new divisions
Delhi-based medical device manufacturer Poly Medicure on Wednesday announced a 34 per cent year-on-year (Y-o-Y) rise in consolidated profit after tax (PAT) for the March quarter of financial year 2024–25 (Q4FY25), driven by strong export revenue and the commercialisation of its new cardiology and critical care divisions. The company's PAT for the quarter was recorded at Rs 91.8 crore, up from Rs 68.4 crore in the same period last year. Its revenue from operations rose to Rs 440.8 crore in Q4FY25, a 16.6 per cent Y-o-Y rise from Rs 378.1 crore reported in Q4FY24. The company stated that its export revenue for the March quarter increased by 14 per cent year-on-year, driven by continued strong performance in key international markets. Exports formed around 67 per cent of the company's revenue mix—double that of the domestic market, which accounted for 32 per cent of overall revenue in Q4. Commenting on the performance, Himanshu Baid, managing director, Poly Medicure, said that while ongoing geopolitical conditions and uncertainty created by US-imposed tariffs may create short-term pressure on demand in certain export markets, India's Medtech sector is well positioned to benefit in the long term as global customers look to create alternate supply chains. At the operating level, Poly Medicure's earnings before interest, tax, depreciation, and amortisation (EBITDA) rose to Rs 119.5 crore, with an EBITDA margin of 27.1 per cent in the March quarter, compared to Rs 96.5 crore and 25.5 per cent, respectively, in the same period last financial year. Baid added that the company's margins have continued to expand at a higher scale of operations, giving it the confidence to continue investing capital in expanding manufacturing capacities. The company currently has 12 manufacturing facilities, with three more under construction in India. It has a portfolio of over 200 medical devices across 12 medical therapies, including infusion therapy, vascular access, dialysis and renal care, among others. On Wednesday, Poly Medicure's shares rose by 2.06 per cent, closing at Rs 2,835.65 apiece on the Bombay Stock Exchange (BSE).
