| Max Healthcare to build two hospitals in Punjab | 22-NOV-09 |
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| Hospital chain Max Healthcare will invest Rs 200 crore to set up two tertiary care hospitals in Bathinda and Mohali, both in Punjab. The hospitals, coming up in partnership with the state government, would have 300 beds each, Parvez Ahmed, CEO and managing director, Max Healthcare, told Business Standard. |
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| BPL may develop medical devices with US firm | 13-NOV-09 |
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| BPL Healthcare, which is into manufacturing and marketing of medical equipment, is in discussions with Welch Allyn, a US diagnostic products firm in frontline care for co-product development and co-manufacturing. It could later manufacture medical equipment developed by Welch Allyn. |
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| Sun Pharma gains on HC order | 11-NOV-09 |
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| Sun Pharma touched a high of Rs 1,459 and finally ended at Rs 1,436, up 2% from the previous close. The counter clocked volumes of 234,664 shares on the NSE today. |
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| Healthcare, education to see robust growth: Deloitte | 10-NOV-09 |
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| Global consulting firm Deloitte today said sectors like healthcare and education are likely to see an unprecedented growth going forward, riding on planned rise in government spendings for the areas. |
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| Pune Swine Flu toll rises to 99 | 04-NOV-09 |
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| An unrelenting Swine flu pandemic in the city has claimed two more lives including that of a pregnant woman taking the toll to 99, health officials said today. |
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| IFC to promote PPP in healthcare | 04-NOV-09 |
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| The International Finance Corporation (IFC), a member of the World Bank group, will work with the Andhra Pradesh government to enable three public hospitals in Kurnool, Vishakhapatnam, and Warangal to offer advanced diagnostics services like dialysis to low and middle income people. |
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| Not the right medicine | 03-NOV-09 |
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| The Indian Pharmaceutical Alliance, which represents a large section of the country’s pharmaceutical companies, has taken the rather unusual step of asking the government to come to the aid of the industry, which has seen a string of foreign acquisitions of Indian players. None of these acquisitions is hostile. So, where does the government come in, particularly when there is no security issue at stake? It is also quite clear that some of these deals, like the most celebrated one of Ranbaxy going to its Japanese acquirer Daiichi Sankyo, have been very attractively priced. So, the industry has been doing quite well and managements have been able to exit at a premium. If the industry were in trouble and, therefore, needing government assistance, the scenario would have been different. |
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| Zydus Cadila PAT up 39% | 02-NOV-09 |
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| Reaping benefits from its recent collaborative research programmes, Ahmedabad-based pharmaceutical company Cadila Healthcare, the parent company of Zydus Cadila group, reported an increase in its net profit by 39 per cent to Rs 131.92 crore for the quarter ended September 30, 2009 from Rs 94.88 crore for the corresponding period last year. |
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| Fortis to start two affordable hospitals | 02-NOV-09 |
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| Fortis Healthcare is likely to come up with two low-cost hospitals in two years in an effort to test its affordable health care model. Although the firm is reluctant to divulge the exact locations of these greenfield ventures or the total investment into the project, the health care major is likely to open these hospitals in north and western India while attempting to cut down its capital expenditure there by about 50 per cent. |
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