MedSpark, one of the first medical device parks in the country will be set up in Thiruvananthapuram, Kerala.
Key takeaways
Established by: (1) Department of Science and Technology (DST); (2) Sree Chitra Tirunal Institute for Medical Sciences and Technology (SCTIMST), an autonomous institute of the DST; (3) Kerala State Industrial Development Corporation Ltd. (KSIDC)
Fundings: From the state and central governments
Functions: (1) Focus on the high-risk medical device sector; (2) Provide a full range of services for the industry like research and development support, testing, and evaluation of medical devices; (3) Create an enabling support system for manufacturing support, technology innovation, and knowledge dissemination.
