As a ground-breaking initiative in Pakistan’s medical device industry, Prime Minister Imran Khan on Friday inaugurated the first facility in the country that will locally manufacture cardiac stents.

The facility – ‘N-ovative Health Technologies‘ at National University of Science and Technology (NUST) has started mass production of cardiac stents and angioplasty balloon catheters for general public at affordable prices.

The Prime Minister said with a large number of heart patients in the country, the step was significant in provision of medical treatment with an exponential price difference besides facilitating the financially weaker sections of society.

He expressed satisfaction over NUST setting a precedent of an academia-industry linkup, which he said, was extremely important in exploring the benefits of knowledge and innovation in true spirit.

He said excelling in field of science and technology could be no difficult for a country which developed its nuclear capabilities, however the “fracture mindset” was the main reason behind such lagging.

“We, as nation, need to set ahead clear goals with all institutions and government departments working in unison for their achievement,” he said.

Imran Khan stressed that increasing exports and wealth creation were the vital targets in order to avoid approaching the International Monetary Fund and also referred to the examples of China and Turkey that focused on exports for economic stability.

He said the government was encouraging local and foreign investments to stimulate a business boom in the country.

He termed overseas Pakistanis the country’s “biggest asset” and emphasized on creating an enabling environment to benefit from their investment and expertise.