BPL shift to product development and manufacturing
Manipal Academy of Higher Education (MAHE), an Institution of Eminence Deemed to be University, and Bengalore’s BPL Medical Technologies Private Limited have signed a landmark Memorandum of Understanding (MoU) to combine academic research with industry expertise to develop clinically validated, cost-effective medical devices for both Indian and global markets.
The partnership, signed under MAHE’s “Year of Excellence in Industry-Academia Collaboration” initiative is to foster industry-academia collaboration, drive innovation in medical devices, and equip future healthcare professionals with hands-on experience https://www.nseindia.com/.
The MoU was formally signed and exchanged by Dr Giridhar P Kini, Registrar, MAHE, and Guruswamy Krishnamurthy, CEO of BPL Medical Technologies, said MAHE said in a release on 24 May.
The partnership aims to promote academic research cooperation, joint educational activities, exchange of scholars, and shared internship opportunities. Both institutions will collaborate to develop clinically validated, cost-effective medical devices tailored for emerging markets, with a focus on the ‘Make in India’ vision.
Expressing optimism about the transformative potential of the collaboration Guruswamy said, “Industry-academia partnerships drive innovation globally, and this collaboration marks a pivotal shift for BPL from trading to product development and manufacturing.
“Leveraging MAHE’s world-class testing facilities and clinical expertise will accelerate our journey to deliver practical, affordable medical devices for India and similar markets across the world,” he said https://www.bseindia.com/.
Manipal Academy of Higher Education (MAHE) is an Institution of Eminence Deemed-to-be University. MAHE offers over 400 specializations across the Health Sciences (HS), Management, Law, Humanities & Social Sciences (MLHS), and Technology & Science (T&S) streams through its constituent units at campuses in Manipal, Mangalore, Bangalore, Jamshedpur, and Dubai.
BPL Medical Technologies, established in 2013, was founded with investments from BPL Group and Goldman Sachs. Headquartered in Bangalore, BPL Medical operates through 5 zonal offices and 15 branch offices across the country. With a growing workforce of ~900 employees, BPL Medical grew by 10 times in revenue over the last 10 years. Fiinews.com
