Health Sector

Glucometer maker Morepen Labs to hive off medical devices business

Expanding capacities, backward integrating production and eyeing US market for exports

Rising demand sparks expansion of women, child care services by hospitals

Hospital sector insiders say that there is rising demand for specialised maternal and child healthcare services such as obstetrics, gynaecology, infertility, neonatology, and paediatrics

Draft norms on passive euthanasia can expose doctors to legal scrutiny

Bold step, but doctors may be concerned over increased legal scrutiny, say experts

NABH sets digital healthcare standards, 100 hospitals certified so far

A total of 300 hospitals had applied for the digital certification, which was introduced by NABH in 2023

Indian pharma companies set to see 9-11% growth in FY25, says Icra

The domestic market is expected to see a positive turnaround, with ICRA projecting revenue growth of 7-9 per cent for its sample set of companies in FY25

Carlyle-backed SeQuent, Viyash Life Sciences announce Rs 8,000 crore merger

Rs 8,000 crore merger will create one of the largest animal health companies in India

Higher sales, occupancy to improve profit trajectory of Max Healthcare

Acquisitions, organic growth to improve profit trajectory

Price hikes improve margins for diagnostic labs amid online competition

Diagnostic companies like Metropolis Healthcare and Dr Lal PathLabs have implemented price hikes to cope with inflationary pressures

Medical gear makers up in arms against zero-duty imports under EU FTA

India is 70% import-dependent, and Germany and the Netherlands are among the top five countries

India reports first case of Mpox Clade 1b strain that triggered WHO alert

Surge of Clade 1b cases in Africa led WHO to term Mpox a public health emergency

Exploring opportunities of growth in various cities across India: Abhay Soi

Max Healthcare is on an expansion spree planning to add 3500 beds in 3 yrs

Nipah virus strikes back for the sixth time, Kerala on high alert

This time, the victim was a 24-year-old man from Malappuram's Thiruvali panchayat, around 20 kilometres away from Pandikkad, where a 14-year-old died in July this year due to Nipah

Affordable health care: Greater policy focus required to strengthen infra

Although public spending on health has increased in recent years, it continues to remain low compared to other countries

Indian companies shift focus towards preventive care, wellness programmes

Companies are now rapidly shifting towards outpatient department (OPD) benefits, and emphasizing on preventive screenings, annual checkups, and mental health support

Max to buy 64% stake in Jaypee Healthcare at Rs 1,660 cr valuation

Move to help Max establish foothold in North India region

Indian pharmaceutical market registers over 6% growth in August 2024

Sheetal Sapale, vice-president (commercial) at Pharmarack, said that new introductions and price growth have driven the market growth for the month of August 2024

Govt conducts 5-day mock drill to assess zoonotic pandemic preparedness

The NOHM, set up in 2022, is a cross-ministerial effort to review areas of focus from a human health standpoint as well as livestock and wildlife aspects

Rajasthan govt plans to bring a policy to promote medical tourism

The state has 35 medical colleges and 16 dental colleges in the government and private sector, contributing to a well-trained pool of health care professionals

Peak XV-backed Kenko Health shuts down after running out of funds

Despite securing more than $13.7 million in funding from investors like Peak XV Partners, Orios Venture Partners, and Beenext, the health startups faced challenges securing key licences

Changing profile of India's medical tourism exports amid Bangladesh unrest

The quality and affordability of India's healthcare market make it a top choice for people from developing nations. But recent political unrest in Bangladesh may affect India's medical tourism exports