Andhra Pradesh Medtech Zone (AMTZ) | |
Foundation: | 19 August 2016 |
Location City: | Visakhapatnam, Andhra Pradesh |
Location Country: | India |
Key People: | Dr. Jitendra Sharma (Managing Director Founder CEO)[1] |
Industry: | Medical |
Num Employees: | 300 |
Owner: | Ap government |
Andhra Pradesh MedTech Zone (AMTZ) is the medical technology park with Common Manufacturing Facilities & Common Scientific Facilities located in Nadupuru village area of Visakhapatnam, adjacent to the Visakhapatnam Steel Plant. The AMTZ is spread over an area of 270 acres and it has over 10 manufacturing units.
It currently houses the Bio Valley Incubation Council, funded by the Department of Biotechnology, and the Kalam Institute of Health Technology. In April 2020, the AMTZ has started making rapid testing kits for COVID-19 and planned to start the manufacture of ventilators.[2] [3]
Andhra Pradesh Medtech Zone was first conceptualized in November 2015 as India's first medical device park . Decision to establish was taken after a meeting with representatives of Indian medical device industry, state and union govt officials. In 2015 medical device industry is worth 60,000 crores of crore of this 23,000-crore worth of medical device were imported. To reduce import bill. increase exports and to foster industrial growth by employment generation.[4]
Foundation stone was laid on 19 August 2016 .[5]
The key USPs of the campus are its Common Scientific Industrial Laboratories such as the center for Electromagnetic compatibility and safety testing, Center for Biomaterial Testing, Center for 3-D printing, Centers for Lasers, MRI coils, Gamma Irradiation, Moulding, and many other industrial service centers.
When the pandemic outbreak happened, there were no standard specifications for the essential products for the fight against the pandemic, and India was majorly dependent on imports for ventilators, PPE Kits, N-95 Masks and so on. Today when the nation has emerged as the second-largest PPE manufacturer in the world and has grown self-sufficient in ventilators and N-95 masks, the role played by AMTZ is unique and crucial.
The superconducting magnet is the largest and most expensive component of an MRI system. Magnetic Resonance Imaging (MRI), a powerful medical diagnostic tool, is the largest commercial application of superconductivity. The magnet configuration is determined by competing requirements including optimized functional performance, patient comfort, ease of sitting in a hospital environment, minimum acquisition and lifecycle cost including service.
DIODE would be the first facility in India to manufacture an MRI superconducting magnet.
Kalam Institute of Health Technology (KIHT) is a Government of India project supported by the Department of Biotechnology, strategically located at Visakhapatnam within AMTZ. The mandate it serves is aimed at promoting and supporting innovations in medical technologies through research and development, industry promotion, policy-making and knowledge repository. It comprises 5 cells: 1) Cell for Health Technology Assessment (CHTA) 2) Cell for Technology Transfer (CTT) 3) Cell for Product Realization (CPR) 4) Cell for Market Intelligence and Trade (CMIT) and 5) Cell for Supply Chain Management (CSCM).[8]
In the year 2022, KIHT became the world only WHO Collaborating centre for Health Innovation.
CRD works towards channelizing the national research funding for critical components by identifying medical devices specific for Indian needs based on the disease burden and high import dependency. The Biotechnology Industry Research Assistance Council (BIRAC),a Public- Sector Enterprise of DBT, is also collaborating with KIHT to identify the core areas for focused funding for research initiatives in medical technology.
The CTT team supports MedTech transfers(e-Auction) and facilitates rapid industrial promotion.
The CPR team provides critical component knowledge to relevant institutions for focused research & development and also facilitates core scientific facilities in developing core medical device technologies.
The CMIT team acts as knowledge repository for export and import data on medical devices and an advisory board on all matters relating to medical device sector. This cell also tracks foreign direct investments via different routes in the Indian medical device ecosystem and gives strategical recommendations to various incubated start-ups at AMTZ.[9]
WTC-AMTZ fosters trade and collaboration facilities to its partners and businesses around.[10]
Medi Valley is the incubation arm of Andhra Pradesh MedTech Zone (AMTZ).[11] [12]
The Bio-Incubator Nurturing Entrepreneurship for Scaling Technologies (BioNEST) Incubator "Bio Valley Incubation Council (BVIC)", is funded by Department of Biotechnology (DBT) and Andhra Pradesh MedTech Zone (AMTZ).[13]
On 14 February 2017, AMTZ was awarded as "Innovative Medtech Zone" by the World Health & Wellness Congress.[14]
On 27 February 2017, AMTZ was included in the list of 25 fastest growing medical technology companies in India in 2017 by The CEO magazine.[15]