Eyeing 'potential' in health care, Israeli co's seek Indian partners

With the objective of exploring business possibilities in fast growing field of life sciences in the country, a delegation of top Israeli medical companies visited India this week to meet with Indian distributors and importers.The delegation included eight Israeli medical device companies focusing on EMR, Cardiovascular and Peripheral Vascular, Diabetics, Gynecology & Women Health, Oncology and Neurosurgery, Intensive Care, Orthopedic, Rehabilitation, Wound Management and Obstetrics. The Israeli delegation also showcased their devices and technologies in Mumbai and Delhi.

Speaking at the event here on Friday, Israel’s Commercial Attaché to India Yoni Ben-Zaken said his country sees great potential in India’s healthcare sector. Many Israeli companies are keen to be part of the rapidly-developing Indian health care system that is striving to provide the best medical procedures and services to the Indian public, he said.

Ambassador of Israel to India Daniel Carmon said providing quality healthcare is a goal of both the Indian and the Israeli Governments. “I am confident that Israeli medical technologies can and will have a strong and positive effect in India and strengthen partnership between the two countries,” he said.

Israel, a world leader in groundbreaking innovations and finding new technological solutions, has also become a major provider of innovative solutions in the field of life sciences. Israeli solutions respond to today’s healthcare challenges to lower overall healthcare costs and meet the world’s evolving needs. 

Israel is home to around 1,000 life science companies, with 40 new companies being formed each year. Many Israeli companies such as Teva, Insightec, Medinol, Compugen, Kamada are at the forefront in the development and marketing of life-changing medical devices, treatments and medications. In this field, Israeli scientists and engineers have integrated advanced technologies in Electronics, Communications and Electro-optics to develop world-class innovations in Digital Imaging, medical lasers, Telemedicine, Early Diagnostic and Smart Surgical equipment.