BioVoice News November 2017 Issue 6 Volume 2 | Page 21

model for India. We want to now start introducing our other products such as spinal implants, orthopedic products. Again, we will like to go into the very niche areas such as tumors, bone tumors, extremely complex re-revision surgeries of the hip etc. Those are the niche areas where the value proposition and product differentiation is very high. Instead of using the standard implant, we will custom make the implant so that you don’t have to do the re-revision surgery. So, in this way, our products are quite unique and innovative. “ Anatomics manufactures patient specific cranial, facial, chest wall and other skeletal and soft tissue implants and surgical tools for reconstructive surgeons in Australia and around the world.” plan to do in the next nine months is to establish the key clinical partnerships with surgeons across So, does that mean states. These surgeons you will also market must be innovators who stents in India? What value the importance of are your India plans? the 3D printed implants and results it could bring We won’t be doing stents to patients. We will also but we will introduce look at creating new implants such as hip, business models in India shoulder, and other parts as the products that are which are not very well highly priced in western served as of now. What we nations might not work here. We will try to work on a well suitable product line that maintains the quality yet is affordable in India. As of now we haven’t come up with a India specific business strategy but we are working on it. We see the enormous potential in India due to the unmet needs of huge number of people here. Opportunities are there but there are challenges such as regulatory and market access. The way system works, how clinicians work, surgeons and supply chain are all factors. Pricing being one of the issue as the products offered by us are expensive. We are looking for building partnerships including distributors and manufacturing companies. Partnerships with the hospitals, clinicians and surgeons are also on cards. How aware is the market in India www.BioVoiceNews.com 21