AMTZ signs MoU with IIT-Bombay
Andhra Pradesh MedTech Zone (AMTZ) has signed a Memorandum of Understanding (MoU) with Indian Institute of Technology-Bombay (IIT-B) to accelerate medical device innovation and commercialisation within the country.
This partnership will contribute positively towards the development of the overall medical technology ecosystem in the country. New product development, research, government policy promotion will also receive a boost with this partnership between industry and academia.
As part of the MoU, IIT-Bombay would provide AMTZ with access to laboratories, training programmes and talent. Startups in the field of medical technology which are part of the IIT- Bombay incubator programme will also benefit from the large integrated ecosystem being provided by AMTZ. The MoU has been signed by Jitendar Sharma, CEO, AMTZ and Petety V Balaji, Dean-R&D, IIT-Bombay.