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Process Of Commercialization Of Medical Device Technology

 
Education :

B.A. (Economics), 1972
Loyola College, Madras University
Awarded the Gopathy Mahadeva Chetty Gold Medal and Kuppuswami Naidu Gold Medal byUniversity of Madras

M.A. (Economics), 1974

Experience:

1975 – 1976 : Research as part of unfinished Ph.D at University of Kerala, Trivandrum

C. Balagopal
Managing Director
Terumo Penol Ltd.

1977 – 1983 : Selected to Indian Administrative Service. Worked in various posts in Manipur and Kerala.

Resigned from the IAS in 1983 to promote joint-venture company to make innovative bio-medical devices in India using indigenous technology.

1984 – 1987 : Acquired technology, conducted feasibility studies, market research, arranged finances, recruited project team, set up Blood Bag Factory at Puliyarakonam, Trivandrum

1988 - Present : Managing Director, Peninsula Polymers Limited renamed in 1999 as TERUMO PENPOL Limited.

PENPOL entered into a Joint Venture with TERUMO CORPORATION, Japan which is today a major shareholder. TERUMO CORP. are the world leader in high-tech medical products. The plant is now the biggest of its kind in Asia outside Japan and employs 600 skilled persons. Further expansion to double the capacity is under way.

The Blood Bag Factory has been certified to ISO 9002 since 1995 and also obtained CE Mark Certification. The Medical Systems Group was certified to ISO 9001 in 1999 and CE Mark in 2002.

Awards : Management Leadership Award of Trivandrum Management Association in 1990

National R&D Award for successful commercialization of Indigenous Technology by Ministry of Science & Technology, Govt. of India in 1995

Winner of National Export Awards every year from 1994-95 onwards

Affiliations :

  1. Member, MHR 11 Committee, Bureau of Indian Standards. This Committee of the BIS is responsible for standards for hospital products

  2. Member, Medical Equipment Division, CII, New Delhi

  3. Charter Member, and first President, TiE Kerala Chapter

Has attended ISBT Conferences in various parts of the world, and has presented papers at international conferences. Has advised various agencies on aspects of setting up a modern Blood Service, and helped to draw up detailed plans for setting up a State Blood Transfusion Service for several State Governments.

TPL has been recognized by ISBTI and other National Organizations for CSR activities aimed at promoting Voluntary Blood Donation.