Medtronic, Inc. Enters Dialysis Biz With Apollo Venture in India

Published: Oct 09, 2013

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Medtronic Inc. (MDT), the world’s largest maker of heart rhythm devices, will enter the kidney dialysis business in collaboration with India’s Apollo Hospitals Enterprise Ltd. Medtronic is developing a new approach to hemodialysis, which filters toxins from the blood of people with kidneys too damaged to do the job. The companies will work to craft a system by 2016 that functions well in the developing world, with a low-cost, portable approach that doesn’t rely heavily on infrastructure, said Ven Manda, vice present of science, technology and new therapies at Minneapolis-based Medtronic.

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