Company News
New R&D centre in Hyderabad advances medical innovation
Jul 11 2024
Olympus Corporation has announced a strategic initiative to establish an R&D Offshore Development Centre (ODC) in Hyderabad, India, through a strategic agreement with global technology company HCLTech. This move aims to diversify Olympus' innovation activities and enhance its global R&D capabilities.
The establishment of the R&D ODC in Hyderabad demonstrates Olympus' commitment to using global R&D talent and resources to drive advancements in medical technology. Known as India’s MedTech hub, Hyderabad offers the talent necessary for research and development activities essential to Olympus' expansion efforts.
In conjunction with the ODC, Olympus is also preparing to establish an in-house R&D centre in Hyderabad in the coming years. This new centre will complement the company’s existing R&D centres in Japan, the US and Europe.
To further solidify its presence in India, Olympus plans to collaborate with AIG Hospitals, Hyderabad, on joint research projects. This partnership aims to utilise clinical expertise and insights to develop innovative medical solutions that meet the evolving needs of patients worldwide.
Since establishing Olympus Medical Systems India Private Limited in 2009, Olympus has continuously expanded its operations in India, achieving significant growth with support from numerous stakeholders. These initiatives reinforce Olympus’ commitment to advancing medical technology, strengthening its global footprint, and enhancing its ability to deliver impactful healthcare solutions.
Andre Roggan, Chief Technology Officer at Olympus, said: “It is with great pleasure and excitement that we announce this agreement with HCLTech, a partner with whom we share a decade-long relationship in core engineering and R&D services. I am confident that our collaboration will enhance Olympus’ engineering capabilities and unlock new innovations that enable quality healthcare through technology.”
Mr D. Sridhar Babu, Minister of Information Technology, Electronics & Communications (ITE&C) and Industries & Commerce (I&C) of the Government of Telangana, commented: “We are thrilled that Olympus Corporation, one of the world's largest medical device companies, has chosen Hyderabad for its first investment in India with an R&D centre. This marks a significant milestone for our city's medical devices ecosystem. With Hyderabad's robust infrastructure, strategic location, and thriving community of innovative healthcare companies, this investment is poised to be a game-changer for the medical devices sector in India. We are confident that Olympus' advanced technologies and expertise will significantly contribute to our vision of becoming a global hub for medical device innovation and manufacturing. I welcome Olympus Corporation to our ecosystem.”
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