Tata Elxsi, Narayana Hrudayalaya To Deveop Medical Solutions

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Signs MoU to mark their strategic alliance to develop affordable healthcare solutions...

Tata Elxsi Ltd and Narayana Hrudayalaya announced the signing of a MoU to mark their strategic alliance to develop affordable, high quality healthcare solutions. The partnership brings together Tata Elxsis technology and design expertise and Narayana Hrudayalayas domain knowledge to develop medical devices for the mass market that will drastically reduce the cost of procedures and thus make healthcare solutions more accessible and affordable for general public. This is critical in a country like India where majority of the population does not have access to even basic treatment facilities.

While Tata Elxsi, through its industrial design division, IDE, will undertake the entire design and development work of the devices, Narayana Hrudayalaya will provide support for problem identification, domain knowledge and clinical trials. The partnership will develop devices through innovation, value engineering and new technologies, to create simple, effective and economical healthcare

tools and techniques which can be used by doctors in the key areas of healthcare. Tata Elxsis experience in working on devices for India and emerging markets will further ensure that these objectives are judiciously met.

Speaking on the occasion, Madhukar Dev, MD, Tata Elxsi, We are very happy to collaborate with Narayana Hrudayalaya in the area of healthcare devices. While Narayana Hrudayalaya has been pioneering affordable and innovative health services in the country, Tata Elxsis strength lies in developing innovative devices by internalizing the environmental sensibilities of the healthcare industry and creating intuitive solutions that are both cost-effective and robust. This partnership will indeed aim at making a substantial difference for both the doctors using the devices and patients who are paying for the treatment.

The development of medical devices that are used today in various treatments have a prolonged development cycle as they need to be clinical