The Biodesign Innovation Fellowship teaches a proven, hands-on,
project-based approach to identifying important unmet medical needs,
developing innovative diagnostic, device, or other medical technology
(medtech) interventions to address them, and preparing to bring those
products into patient care through start-up, corporate, or other
Applications for 2016-17 are due on August 31, 2015.
From Week: With 100 innovators trained till now, the programme has resulted in eight startups; one device is already in the market and another one is with the US FDA for approval. Bhargava says the opportunity to develop medical devices in India is immense as 80 per cent of all medical devices used in the country are imported. The focus of the programme is on frugal innovation―to create inexpensive devices without compromising on quality. “The devices are not reengineered devices from outside, but brand new devices with their own patents, which can also be deployed in the west as it is not infringing on anyone’s patents,” he says. Last December, AIIMS, along with BMJ, launched a new journal―BMJ Innovations―giving information on breakthroughs in medical devices, diagnostics and assist devices.