Healthium in collaboration with Abhinav Bindra Foundation Trust (ABFT) inaugurates the ‘Sport of Life’ initiative for the treatment of sports injuries, strengthening its deep commitment towards sports medicine in India
The “Sport of Life” initiative aims to promote awareness about sports injuries and provide treatment for sportspeople. As a part of this initiative, Healthium will aid in the treatment of sports injuries with free arthroscopy implants.
Bhaichung Bhutia, torchbearer of Indian Football in the international arena, Abhinav Bindra, India’s first Individual Olympic gold medalist and Founder, ABFT, Prof. Arumugam S, Director, Centre for Sports Science (CSS), and Anish Bafna, CEO & MD Healthium Medtech inaugurated the initiative.
Bengaluru, 4th March 2022: Healthium Medtech, a global medtech company, today inaugurated the ‘Sport of Life’ initiative, with Abhinav Bindra Foundation Trust (ABFT). ABFT aims to support injured players in need with the cost of medical treatment, doctors, surgeries and rehabilitation facilities to recover from sport injuries and carry on with their career. Healthium will provide its arthroscopy implants required for the surgeries free of cost.
In sports, players often face injuries during their career. Some of them are minor niggles while others could be critical enough to be career threatening. For some players, the sport is the only way of sustaining themselves and their families. Such sportsmen often cannot afford to bear the cost of treatment of injuries. With ‘Sport of Life’, such needy players have an opportunity to recover from injuries with the support of ABFT and Healthium.
According to an Injury Surveillance Report by NCA last year, 14.75 % of players sustained shoulder injuries, 13.11% of players sustained knee injuries and almost 74 % players suffer from career-threatening Anterior Cruciate Ligament (ACL) injuries in the 1st two years of return to sport.
Healthium has created over 300 SKUs for knee and shoulder procedures, designed and developed in-house, backed by 50+ patents applied and granted in U.S and India. This “Make in India, for the world” portfolio offers a wide range of implants and equipment to treat soft tissue conditions in the shoulders and knees such as anterior cruciate ligament reconstruction, posterior cruciate ligament injuries, other ligament repair & reconstruction and meniscal repair, so that despite injuries the ‘Sport of Life’ does not stop.
The “Sport of Life’ initiative was inaugurated by renowned dignitaries that included Shree Bhaichung Bhutia, torchbearer of Indian Football in the international arena, Shree Abhinav Bindra, India’s 1st individual Olympic gold medallist, & Founder of Abhinav Bindra Foundation Trust, Prof. Arumugam. S, Director, Centre for Sports Science (CSS) and Head – Department of Arthroscopy & Sports Medicine, Sri Ramachandra Institute of Higher Education & Research (SRIHER), Shree Anish Bafna from Healthium and the representatives of ABFT.
Commenting on the launch of the programme, Anish Bafna, CEO and MD, Healthium Medtech, said, “We are excited to be part of the “Sport of Life” Initiative and commit to the betterment and well- being of sportspeople in India. At Healthium, we aspire to touch lives with our patented arthroscopy range “Sironix”, designed and developed in-house, which holds over 50 patents in U.S and India. We are delighted with our strategic collaboration with Abhinav Bindra Foundation Trust (ABFT) and are happy to play a part in helping sports people with injuries and hope to make a positive impact in the lives of young sportspeople of our nation. We remain thankful to Shree Bhaichung Bhutia and Shree Abhinav Bindra for actively encouraging sports people to seek treatment in a timely manner and supporting the “Sport of life” initiative.
Speaking at the launch of the initiative, Abhinav Bindra, Founder, Abhinav Bindra Foundation Trust added, “Making sure the sport of life does not stop, by supporting players in need, is of paramount importance in sports today, as they represent our nation. “Sport of Life” aims to help sports people in need pan India with treatment and rehabilitation facilities at their home locations so that they can remain active in sport. We are delighted to join hands with Healthium- a company committed to the directives of Atmanirbhar Bharat and to the development of sports in India for being a part of this initiative. We look forward to impacting the lives of 100 sportspeople in need within an year of this initiative.”
Bhaichung Bhutia, torchbearer of Indian Football in the international arena said, “When you represent your country by playing sports long enough, the potential for sustaining an injury is a reality of the game. I thank ABFT and Healthium for being at the forefront with “Sport of Life” that gives players in need a fighting chance to get treated and come back actively into sports careers.”
Prof. Arumugam S, Director, Centre for Sports Science (CSS) and Head – Department of Arthroscopy & Sports Medicine, (SRIHER) said, “Sportspeople are particularly susceptible to injuries, which can be career-ending if not addressed promptly. In the event of a significant injury, the athlete will require the assistance of an experienced orthopaedic surgeon in order to return to their favourite sport. Orthopaedic surgeons today have the expertise and techniques to help athletes of all ages overcome the effects of sports injuries, thanks to advances in contemporary medicine and science. Arthroscopy can now be performed using minimally invasive techniques, allowing relatively quick recovery. However, in many parts of India, the lack of rehabilitation facilities for sports injuries has become a significant source of worry. With the rollout of ABFT and Healthium’s ‘Sport of Life’ initiative, we hope to support and provide the best in treatment to young athletes in need, across tier II and III cities. It gives me great pleasure to be a part of this initiative and help athletes who require such interventions recover safely and avoid re-injury when they return to their sport.“
More details of the initiative are available on https://www.abft.in/injury-rehabilitation and https://sironixmedtech.com/patient_story
About Healthium Medtech Limited: Healthium Medtech Limited (“Company” or “Healthium Medtech”) is a global medtech company focused on products used in surgical, post-surgical and chronic care. One in five surgeries conducted globally uses a Healthium Medtech product. It is India’s largest independent medical device company and second-largest company overall, in the surgical consumables market. In the non-captive surgical needles segment, Healthium Medtech is the largest manufacturer globally, by volume. Healthium Medtech is the third-largest company overall in urology collection devices market in the U.K. With a vision to provide access to precision medtech for every patient, globally, the Company has created extensive market access in India covering over 40,000 surgeons across 18,000 hospitals, reaching 90% of all districts in India, which have secondary healthcare facilities. It also is present across 80 countries. The Company’s diverse portfolio includes 52,000 SKUs across Advanced surgery, Urology, Arthroscopy and wound care products. With a strong focus on R & D, the company has 8 high precision, integrated and scaled manufacturing facilities with global certifications and approvals like US FDA, C.E and ISO. Since fiscal year 2018, the company has launched 30 new products including a patented portfolio of arthroscopy products. As on July 31, 2021, the Company had a total of 21 patents in India and 11 patents in United States, and a further 22 and 6 patent applications pending approval in India and US, respectively. In addition, it has acquired 3 businesses in the last 2 months to expand market reach and its product portfolio.
About Abhinav Bindra Foundation Trust The Abhinav Bindra Foundation Trust in India aims to bring Global Best Practices into the Indian Sporting Landscape, not only supporting what currently exists as a protocol in Sport, but also to make it more accountable, expert-driven, and locally contextualized. Under the vision of India’s only Individual Olympic Gold Medalist, Mr. Abhinav Bindra, the Foundation operates under 3 pillars – Education, Intervention, and Social Upliftment. With activities across the country, the objective is to ensure that we help India redefine its understanding of sport and use that understanding to improve the day-to-day process of creating a robust Sporting Ecosystem that can create World Champions. Because it’s not every four years, it’s every day!
Disclaimer: Healthium Medtech Limited is proposing, subject to receipt of requisite approvals, market conditions and other considerations, to make an initial public offer of its equity shares and has filed a draft red herring prospectus (“DRHP”) with the Securities and Exchange Board of India. The DRHP is available on the website of the SEBI at www.sebi.gov.in as well as on the websites of the book running lead managers, ICICI Securities Limited, CLSA India Private Limited, Credit Suisse Securities (India) Private Limited and Nomura Financial Advisory and Securities (India) Private Limited, at www.icicisecurities.com, www.india.clsa.com, www.credit-suisse.com and www.nomuraholdings.com/company/group/asia/india/index.html, respectively, and the websites of the stock exchange(s) at www.bseindia.com and www.nseindia.com, respectively. Any potential investor should note that investment in equity shares involves a high degree of risk and for details relating to such risk, see “Risk Factors” of the RHP / Prospectus, when available. Potential investors should not rely on the DRHP for any investment decision.
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