Newport medical devices manufacturer Jarit has partnered with Medical Technology Research Institute to launch a new medical device, the Heart Transplant.
The company said it will be making the heart transplantation device in the next two years.
The heart transplant, which is not a life-saving operation, is designed to help treat patients with heart failure and heart defects.
The new heart transplant device will be priced at Rs.3,000.
The new device will have a power source, which will allow the patient to operate the device without any intervention.
“We are making a device which will be used in the first-line of heart transplant,” Jarit CEO and founder Nandan Pandey told The Times.
“It is a very advanced device which can be used for many purposes.”
The new heart implant will be developed by Medical Technology Engineering Institute, a research and development institute of the Indian Institutes of Technology.
The institute is based in Bangalore.
The device will feature a device that will work on any heart tissue.
The device will also be designed to be compatible with the heart and the body.
The heart transplant procedure, which involves removing a large section of a patient’s heart and replacing it with an artificial one, is not only for the heart but also for the lungs, pancreas, kidneys, liver, and other organs.
A total of about 50,000 people around the world are waiting for the procedure.
Medical technology company Medical Technology Institute (MTEI) had announced a partnership with the Indian Heart Foundation in March 2016.
The MTEI is a nonprofit organization, which focuses on heart transplant development.
Jarit said it had a collaboration with the MTEA to develop the heart implant, but did not provide details.
“This is a partnership that has already been completed and it is very important for us,” Pandey said.
The company plans to introduce the device to hospitals and medical institutes across the country.
The Heart Transplants is a $150 million, 5-year project by the MTOI.
The government of India is also funding the project.