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Title:
Inspiring Solutions
Subtitle:
Public Private Partnership - AMTZ Model
AMTZ Updated Logo
By Andhra Pradesh MedTech Zone Limited, Year 2022 Finalist, located in India
Keywords: innovation
Main users: Resident companies or institutions
Launch date: 
13 December 2018
AMTZ is India's premier medical technology park, with common manufacturing & scientific facilities. Through its unique governance model, it has been able to stitch across government funding for facilities which are being operated by private companies, thereby making it viable for startups working on innovative products & research.
What is the purpose of your solution
The purpose of an ecosystem- based solution is to allow smooth integration of science with technology and also integration of service delivery with industry promotion. AMTZ being the nodal centre for medical devices engineering and technology in India, allows partners in the innovative ecosystem to take advantage of the innovation value chain support by AMTZ in the complete product development, technology upgradation and market access.
What is innovative about it
The unique model where manufacturers and innovators can utilize the innovation value chain support created by AMTZ in the complete product development, technology upgradation and market access. Innovators focus on innovation while AMTZ aids in regulatory affairs, policy making and making the products commercially viable.
What impact has your solution had
As on 1st April 2022 No. of companies: 105 Total Turnover : $ USD 1.15 Billion (from a modest investment of $ USD 132 in Dec 2018) Collaborations : 540 Number of new patents: 45 Number of employees: 4562
Who are the main users
The manufacturers, innovators, startups have been immensely benefited by being able to sustain their manufacturing profitably, with latest technology and scientific facilities at their disposal in one zone. The project has been able to provide healthcare services with accessibility and affordability to millions.
Dr. Jitendra Sharma is the MD & Founder CEO of AMTZ which is Asia's first medical devices manufacturing park. An adjunct lecturer at University of Adelaide, Australia, a Distinguished Senior Fellow at Niti Aayog, Govt. of India. He also supports the WHO Headquarters in Geneva as an expert advisor.
For more solutions from IASP member Andhra Pradesh MedTech Zone Limited click here