# S3V Vascular sets up ₹70-cr medical devices unit in Mysuru

S3V Vascular Technologies has set up an integrated manufacturing facility for medical devices, especially stents and products for heart disease treatment, at Hootgalli Industrial Area in Mysuru, India, at a cost of ₹70 crore. The Technology Development Board is providing ₹15 crore support.

- Type: New facility
- Announced: 2018-08-10
- Where: Hootgalli Industrial Area, Mysuru, India
- Value: $10.0M (700.0M INR)
- Status: completed
- Products: stents, hydrophilic-coated PTCA balloon catheter
- Sectors: [Medical Devices](https://endata.com/sectors/medical-devices.md)

## Companies

- [S3V Vascular Technologies](https://endata.com/companies/33701.md)
- [Technology Development Board](https://endata.com/companies/33702.md) (investor)

## Sources

- [thehindubusinessline.com](https://www.thehindubusinessline.com/news/s3v-vascular-sets-up-70-cr-medical-devices-unit-in-mysuru/article24658989.ece), 2018-08-10: "It is a futuristic product that holds lots of promise."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.