Manish Doshi

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Manish Doshi
Born
Anand, Gujarat, India
NationalityIndian
Alma materB.E. in Textile Technology (Maharaja Sayajirao University of Baroda)
Occupation(s)Founder and MD, Concept Medical Group

Manish Doshi is an Indian entrepreneur who is the founder and managing director of Concept Medical, a medical devices company headquartered in Tampa, Florida[1] and was the largest medical device exporter from India in 2022. The company develops and manufactures drug-eluting stents and drug-coated balloon for cardiovascular treatment.[2]

Under Manish's direction, Concept Medical developed MagicTouch,[3] the world’s first sirolimus-drug coated balloon (SCB).[4][5] It is the only sirolimus-coated balloon globally approved with CE certification and extensive commercial usage in Europe, Asia and the Middle East. In recognition of his pioneering work, he was awarded the Champions of Change, a national award given by the Government of India.[6] He also received an Honorary Doctorate[7] and Marico Innovation Foundation's Innovation for India Award for his contributions to nanotechnology-based drug delivery for cardiovascular devices.[1]

Biography[edit]

Manish was born in Anand, Gujarat, to parents Indulal Amritlal and Kokilaben Doshi. His father, Indulal, worked as an account manager at Amul Dairy. Manish studied at D N High School in Gamdi Vad, Anand, and earned a B.E. in Textile Technology from Maharaja Sayajirao University of Baroda. Manish briefly worked in the textile industry at Mafatlal Industries in Navsari, then started his own import-export business supplying materials to the paint industry in Gujarat.[8]

In 1998, angioplasties gained more popularity than bypass surgeries. The spring-like components crucial for heart surgeries were not produced by any Indian company at the time. Manish formed a team of engineers to improve the design of cardiovascular devices, with a focus on coronary stents in India. The company became a pioneer in developing nanotechnology-based applications for drug delivery.[2] Manish started participating in clinical trials and conducting studies in the Netherlands following the receipt of CE approval for their stent.[1]

During the 2000s, Manish faced a €25 million patent infringement lawsuit from Boston Scientific and Angiotech Pharmaceuticals. Despite the legal loss, he only had to pay €1,400 since his product was still in the clinical trial phase, and commercialization in Europe was restricted.[1]

Awards[edit]

  • India SME 100 Award[9]

References[edit]

  1. ^ a b c d Ubhaykar, Rajat (28 December 2016). "Magic Touch". outlookbusiness. Retrieved 2023-12-10.
  2. ^ a b "Dr. Manish Doshi: Playing A Pivotal Role In Renovating The Global Medical Device Industry". www.ceoinsightsindia.com. Retrieved 2023-12-11.
  3. ^ Linn, Y. L.; Choke, E. T.; Yap, C. J.; Tan, R. Y.; Patel, A.; Tang, T. Y. (2022). "Utility of sirolimus coated balloons in the peripheral vasculature – a review of the current literature". United States National Library of Medicine. Vol. 5, no. 1. p. 29. doi:10.1186/s42155-022-00308-z. PMC 9232675. PMID 35748962.
  4. ^ Cortese, Bernardo (2019-06-19). Drug-Coated Balloons: Applications in Interventional Cardiology. Springer. ISBN 978-3-319-92600-1.
  5. ^ "City bizman's coFirm plans drug-coated balloon for heart patients". The Times of India. 2018-10-11. ISSN 0971-8257. Retrieved 2023-12-17.
  6. ^ "Telangana - Champions of Change Award". 2021-10-18. Retrieved 2023-12-17.
  7. ^ "We aim to emerge as a global leader in life-saving devices, says Manish Doshi, founder of Concept Medical - ET HealthWorld". ETHealthworld.com.
  8. ^ "Beyond Threads To Stents: Meet Dr Manish Doshi, A Textile Engineer Who Wove Indias Billion-Dollar Medical Revolution". Zee News.
  9. ^ "India SME 100 Awards | India SME Forum". indiasme100.com. Retrieved 2023-12-17.