Siemens to supply medical devices to IISc hospitals

Siemens –  The Indian Institute of Sciences (IISc) and Siemens Healthineers have signed a memorandum of understanding (MoU) to cooperate, exchange employees, and foster innovation and cooperation in healthcare and clinical research.

Elisabeth Staudinger, Member of the Management Board, Siemens Healthineers, stated, “We plan to become a biomedical equipment partner for the upcoming hospitals and medical institutions linked with IISc. She continued, “We collaborate primarily in three domains: academic, clinical, and also with businesses/startups.

The corporation hopes to increase the population of the nation with the innovation centre. Staudinger, who is in the city to take part in the groundbreaking ceremony of its previously announced innovation centre in Bengaluru, stated that the company now employs roughly 7,000 people in the nation and anticipates hiring another 1,800 individuals in the coming years.

In order to bring together all the various disciplines — the software development team, the Innovation Centre, manufacturing, and its India headquarters — the corporation would invest 1,300 crore in creating a facility.

Siemens

Speaking of the main growth factors in the area, she added that they continue to see great growth potential in their current portfolio and anticipate ongoing demand.

In addition to the prospects, she emphasized the difficulties the Indian market faces in providing affordable products, which she claimed they are attempting to resolve through our products, such the CT scanner, which is made in Bengaluru.

“The country’s robust business environment is another factor to consider; it can be challenging to navigate while establishing a firm. When it comes to managing a firm under difficult circumstances with demanding and business-savvy consumers, India provides a good training ground, she said.

She did, however, add that as Siemens Healthineers, they aspire to be at the forefront of medical advancements that benefit everyone, everywhere. This also means that we can’t give up. Thus, we need to find solutions to make it work. And while I believe that we have made significant progress in recent years, Staudinger noted that there is always more that can be done.