Prime Minister Imran Khan on Friday inaugurated the N-Ovative Health Technology Facility at the National University of Science and Technology (NUST).
Furthermore, the facility would also be the first of its kind to locally manufacture cardiac stents. The facility at NUST known as ‘N-Ovative Health Technologies’ has launched a mass production of angioplasty balloon catheters and cardiac stents.
PM inaugurates Pakistan’s first cardiac stent manufacturing facility. PM also said that this step was a highly significant milestone in the provision of medical treatment to the masses with a major price difference.
He showed his satisfaction over NUST setting a precedent. PM stressed need to increasing exports was a vital target to avoid going to the International Monetary Fund.
While referring to the examples of China and Turkey PM Imran Khan said that these countries focused on exports for their economic stability.
"مقامی سٹنٹس کی تیاری سے زرمبادلہ زخائر بچیں گے، سستا علاج ممکن ہو گا۔"
وزیراعظم عمران خان، نسٹ میں مقامی سٹنٹ کی تیاری کے منصوبے کی افتتاحی تقریب سے خطاب pic.twitter.com/qfqb0E4qqX
— Prime Minister's Office, Pakistan (@PakPMO) October 16, 2020
While talking at the inaugural ceremony, PM Imran Khan said the government is focusing on supporting local and foreign investments to encourage business growth in e country.
He also said that the overseas Pakistanis are the nation’s “biggest asset”.
Meanwhile, Fawad Chaudhry the Minister for Science and Technology during the ceremony said that Pakistan has achieved another milestone in the industry of medical equipment.
Moreover, the minister also said that he hopes that other industries would also follow suite and play their due role in the country’s economic development.
Cardiac Stent: What is it?
A cardiac stent is used in the treatment of blocked or narrowed coronary arteries. It may also be used as a treatment to improve blood flow instantly following a heart attack.
Pakistan’s first coronary stent features allow recoil, a superior cobalt-chromium alloy, optimum crossing profile, and crush resistance, along with an excellent bio compatibility.
The N-Ovative Health Technologies at the NUST will now also produce medical devices and implants.