Italian deal validates the world-class quality
Surat-based SMT is set to supply 40,000 of its biodegradable polymer-coated drug eluding stent (DES) ‘Supraflex’ stents by 2022 to the Italian market having secured a public tender.
SMT, or Sahajanand Medical Technologies Pvt Ltd, has won the first-ever national DES tender under an agreement through Italian partner Eukon with the Government national purchase entity ‘CONSIP’, a society of Economy & Finance Ministry aimed to manage all the purchase orders for public administrations in Italy.
The selection was made through an open tender with a rigorous focus on quality in terms of superior technology and clinical trial, said SMT on 13 July 2020.
Eight major medical device companies had qualified to participate and based on the rating for advanced product features and clinical trial data, the committee selected SMT as the winner.
Supraflex has come at the top of the merit list in the tender because of its excellent clinical data and robust record of safety and efficacy.
Speaking about the win, Gaurav Goel, Head of Western Europe, SMT said, “The tender win in Italy is the validation of our world-class quality standards, best-in-class product performance and the clinical data of SMT DES. This achievement follows the pervious tender wins in regions like Emilia Romagna and Sicily amongst others. SMT has been steadily gaining market share in Europe and is being recognized as a top tier player in the DES market.”
Supraflex family, a cardiac drug-eluting stent designed and manufactured in India is not only proved to be at par in safety as compared to Abbott’s Xience* but fared numerically better in efficacy in an investigator-initiated multicenter European randomized controlled study with more than 1,400 patients, called ‘TALENT’. The findings of the TALENT trial were published in Lancet, the world’s leading medical journal.
Gennaro Broya de Lucia, General Manager of EUKON asserts that “SMT has grown as a first-tier player in the Italian market in a very short time frame. Our combined efforts are giving good results. We have to consider this win as a shift in the interventional cardiology paradigm. Our goal will be to keep investing and working to attract more and more professionals to join hands in SMT’s mission to ‘save millions’.”
The market size for stents in Italy is approximately 250,000 DES, annually. It is one of the technologically advanced markets in the world and is an important territory to strengthen SMT’s presence in Europe.
*Supraflex is a trademark of Sahajanand Medical Technologies or its affiliates. Specifications are subject to modification, revision and improvement.
*Xience family are trademarks of the Abbott Group of Companies.
*The CE Mark indicates that the product satisfies requirements of EU Directives (EU: The European Union) and all products need to be CE certified to be sold in Europe.
SMT is a global medical device company committed to making advanced medical technologies accessible to everyone around the world. With a presence in over 75 countries, SMT has achieved recognition from the Government of India for its tremendous contributions in the field of Cardiovascular healthcare.
SMT has also led the development of innovative biodegradable polymer coating technology in the coronary stent system. SMT will continue the journey to healing hearts around the world by creating a healthcare future promising for everyone. #drug #stent #Italy #medical #technology #hospital /fiinews.com