Technology Transfer Agreements signed to bring India’s first indigenous Flow Diverter Stent

News: Sree Chitra Tirunal Institute for Medical Sciences and Technology (SCTIMST) has entered into Technology Transfer Agreements with Pune based Biorad Medisys for flow Diverter Stents.

The cost of the Chitra Flow Diverter stent is expected to be priced significantly lower than the currently imported ones.

Facts:

What are Flow Diverter Stents?

• It is a endovascular technique used for diverting blood flow away from an intracranial aneurysm or localized ballooning of arteries in the brain, helping reduce chances of its rupture and related stroke. Currently, India does not manufacture flow diverters stents,
• Flow diverters have the advantages of being flexible and adaptable to the shape and course of the vessel. Also, flow diverters promote healing of the vessel wall by removing the constant stress of blood flow on it.

What are Technology Transfer Agreements?

• Technology transfer is the process by which a technology, expertise, know-how or facilities developed by one individual, enterprise or organization is transferred to another individual, enterprise or organization.
• It may happen from country to country, from industry to industry or from research laboratory to an existing or new business.

Article source