India Healthcare Excellence Award, jointly hosted by Frost and Sullivan and Alexandria
Sahajanand Medical Technologies was honored with the prestigious Medical Device Company of the Year 2011 award at the India Healthcare Excellence Award, jointly hosted by Frost and Sullivan and Alexandria at Mumbai on 22nd September 2011. Established in Surat in 2001 and now employing more than 300 staff, SMT won the award for providing innovative and affordable solution for the treatment of complex coronary artery disease.
Commenting on the award, SMT’s Executive Director Mr. Rahul Gaywala said: “I am delighted and honored to accept this award on behalf of the SMT team. SMT ventured into this field with the sole aim that regardless of his/her financial status, everyone on the earth has a right to live a longer life. We became a pioneer in stent manufacturing in Asia and our persistent efforts forced the multinational companies in the past to reduce their stent price by one third. This award is a wonderful recognition of our work as we look forward to provide affordable healthcare solutions for the treatment of coronary artery disease.”
He further added that We at SMT strongly believe in innovation and improvisation. One such example is our pioneering effort to introduce biodegradable polymer to the coronary stent industry, the most sought after technology currently pursued by all other stent manufacturing companies across the world. Another feature of our achievement is the CE (European Quality approval) approval for two of our bulk buster products. This has enabled SMT to sell its products in more than 80 countries including Europe. Now SMT has got all the five products CE approved. We invest heavily in R&D and we are currently working on certain R&D projects which will revolutionize the stent industry in future.