Page 43 - Sanket Koul

KKR acquires Bengaluru-based medical devices company Healthium MedTech

According to sources close to the deal, the value of the acquisition is Rs 6,500-7,000 crore

Quadria Capital picks up minority stake in NephroPlus for Rs 850 crore

Founded in 2010, NephroPlus currently operates about 450 dialysis centres across three main countries: India, the Philippines, and Uzbekistan

Number of medical tourists in India to exceed pre-pandemic levels in CY24

Major hospital chains in India are eyeing the rise in international patient revenue and exploring entry into new geographies

Spice controversy: Norms for pesticide residue stringent, says govt

In India, pesticides are regulated by the Ministry of Agriculture and Farmers Welfare through the Central Insecticide Board and Registration Committee (CIB & RC)

Abbott launches XIENCE Sierra coronary stent system for heart patients

The XIENCE Sierra is the latest generation of the XIENCE family of everolimus-eluting coronary stent systems

Manipal Hospitals plans to add 1,100 beds on top of already existing 10,500

Dilip Jose, MD & CEO of Manipal Hospitals tells Sanket Koul about the hospital chain's expansion plans and whether the company is looking to go for an initial public offering (IPO)

Healthcare industry announces support for talks on standardising rates

Many industry bodies too had become party to the case, urging the apex court to listen to their grievances as well

Manipal Hospitals to take 87% stake in Medica Synergie for Rs 1.4K crore

Deal will make it India's largest hospital chain with over 10,500 beds

Centre calls for broad consultations to standardise rates for hospitals

The Centre's affidavit also emphasised that fixation of rates may lead to serious issues like rendering healthcare setups financially unviable, and many other players may jack up the prices

Paras Health plans to operate upwards of 2,300 beds in North India by FY25

With this, Paras Health is aiming to operate upwards of 2,300 beds in North India by the end of FY 2025

Govt expands committee for drugs, medical devices pricing reforms

According to an industry source, the committee will also look at ways to design a price moderation framework for medical devices while providing incentives to the medtech industry to minimize imports

Healthy occupancies, ARPOB to drive double-digit growth for pvt hospitals

The expected revenue growth in FY25 comes on the back of an estimated 14% growth in the last financial year

Medical device makers look to hike Russia exports to Rs 2,000 cr in 5 years

Russia currently does not feature in the top five countries that import medical devices from India

HHCN engages with states to boost preventive care for treating Haemophilia

Prophylactic treatment can reduce number of bleeds per year, improve quality of life, say experts

NHA's digital OPD scheme records over 24 mn registrations since inception

UP tops in generating most tokens under digital OPD scheme, Tamil Nadu at bottom

PE firm ChrysCapital invests $70 million in formulations company La Renon

Peak XV Partners (formerly Sequoia India) has been invested in La Renon since 2015, with A91 Emerging Fund joining in 2021

Max to invest Rs 2,500 cr in Lucknow, be UP's 'largest' pvt healthcare firm

Delhi-based group plans to double overall capacity by adding 4,200 beds in four to five years

Healthcare firm Nephro Care India files papers to raise funds via IPO

Healthcare provider will use the proceeds to set up a hospital in Kolkata and for general corporate purposes

Centre aims to improve quality of health services in CGHS hospitals

The partnership will also focus on expanding the network of qualified healthcare providers and laboratories empanelled under CGHS

Entod Pharma receives CDSCO approval to commercialise presbyopia treatment

The company had completed the development of these eye drops in late 2022, after which it was subjected to clinical testing in India