Polymed Receives ‘India Medical Devices Company of the Year’ Award
The Award, presented by the Government
of India, underscores Polymed’s continued leadership position in Medical
devices sector
Polymed focuses on tapping huge potential in Domestic Market
Mumbai,
February 18, 2019 : Poly Medicure Limited (Polymed), a leading
Indian Medical device company, bagged prestigious ‘India Medical Devices Company
of the Year. The Awards were conferred by Department of Pharmaceuticals,
Government of India during the 4th International Conference on
Pharmaceutical & Medical Device sector here today. ‘Company of the Year’ Award was received by the
Managing Director of Polymed Mr Himanshu Baid from the Union Minister for
Chemicals & Fertilizers and Statistics & Programme Implementation, Shri
DV Sadananda Gowda. Every year, the Department of
Pharmaceuticals (DoP) under the Ministry of Chemicals and Fertilizers presents
the awards to the companies for their excellent contribution to the sector.
The Rs 500+ crore company,
Polymed earns 70 per cent of its revenue from exports to over 100 countries. As
a manufacturer of medical devices and disposables, the company produces more
than 125 different types of products. The product range includes infusion
therapy, central venous catheter, blood management system, surgery and wound
drainage, anaesthesia, urology, gastroenterology and dialysis.
“We, at Polymed, are very thankful to
the government for its commitment to boost indigenous medical device sector
through ‘Make in India’ drive. The Award validates our efforts for continued
support to the drive. With excellent R&D, Innovations and Quality, we are
able to deliver both best-in-class products and provide an optimal experience
for our customers. We look forward to build upon this success and support the Government
of India in successful implementation of PMJAY
(Ayushman Bharat) scheme which provides free healthcare to 50 crore
people.” said Mr Himanshu Baid, Managing
Director, Polymed. During the event Mr Baid also attended Roundtable of Medical
Devices CEOs, chaired by the Minister, to discuss Government policy and
Challenges being faced by the Industry.
"We strive hard to establish
high standards with new products. With several manufacturing plants and
robust R&D facility, Polymed has enhanced its manufacturing capacity to
over three million medical devices per day. The company is all set to tap huge potential in the domestic
market as well,” he added. The awards, which included categories
like India Pharma Leadership, India Pharma Innovation of the year, and Indian
Pharma Corporate Social Responsibility of the Year Award, underscored valuable contributions
of Indian Pharma and Medical Device sector to the nation.
About Poly
Medicure Ltd (Polymed): Poly Medicure Limited (Polymed), is an Indian
Medical Device Company with over 20 years of experience in manufacturing high
quality medical devices. It has now become one of the leading medical
devices manufacturer and exporter in India with dominant position in medical devices
market with focus on innovation, safety and quality. The company is the highest
exporter of Consumable Medical Devices from India for last 6 years. The company
has recently set up a facility to make Renal Care / Dialysis products in India
which are 100% import substitution. The
Company has 5 domestic (3 Faridabad and one each in Jaipur & Haridwar) and 3
overseas (China,Egypt & Italy) manufacturing facilities. With its strong R&D initiatives, the Company have successfully been
granted 215+ product and process patents globally and have also filed for grant
of an additional 250+ patents.
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