Page 11 - Healthcare Sector

Pristyn Care looks to double revenue to Rs 2k cr, turn a profit by FY25

This comes at a time when firm has recently found itself in hot water after facing criticism from patients who claimed that the company forced them to undergo surgeries in a bid to rake in extra cash

Implementation of technology changed dynamics of healthcare delivery: Min

Speaking on National Digital Health Mission, mansukh Mandaviya said that the government is opening the Ayushman Bharat Health Account (ABHA)

England's NHS introduces 7-minute 'under the skin' cancer treatment

This new method allows cancer patients to receive the immunotherapy drug 'Atezolizumab' through an injection, as opposed to intravenous administration which can take up to an hour

Sales, margin outlook remain strong for P&G Hygiene and Healthcare

The company reported double-digit sales growth, and margin expansion in the June quarter

Omron Healthcare starts construction of manufacturing unit in Tamil Nadu

The new manufacturing unit is expected to start functioning by March 2025

PharmEasy to raise Rs 2,400 cr, Manipal Group likely to invest Rs 1,000 cr

The fundraising will be done via a rights issue where the stock will be sold at a 90 per cent discount at Rs 5 per share

Financial irregularities found at Mojocare after review, say investors

Investors in the Bengaluru-based firm in a statement said that they have found financial irregularities and also said that the business model is not sustainable

No plans to sell stake in consumer healthcare biz: Sanofi India MD Hrosz

'Our insulin portfolio today offers best-in-class insulin for better diabetes management'

Sanofi consumer brands get a shot in the arm on demerger decision

Sanofi Consumer Healthcare India is expected to be listed on both the BSE and NSE, the company said in an exchange notification

Apollo opens genomic institute in Chennai, to open three more in 2023

Facility will offer services genetic evaluation, clinical diagnostics, obstetric genetics, cancer genomics and other services

Hospitals raise tech bet as India emerges as hub for complex surgeries

Experts say corporate hospitals are estimated to spend anything from 5 to 8 per cent of their top line on acquiring and upgrading technology

G20 meet in Goa to focus on health emergencies, prevention, preparedness

The second meeting of the G20 health working group (HWG) in Goa beginning on Monday will leverage the advocacy power of the forum for consolidation of all the existing initiatives in health emergencies, prevention and preparedness, an official said. There will also be focus on the response arena to plug critical gaps in global health architecture, he said. Apart from India, delegates from 19 G20 member states, 10 countries and 22 international organisations will be participating in the second HWG meeting, Union Ministry of Health and Family Welfare's Additional Secretary Lav Agarwal said at a press conference here on Sunday. He said health priorities were introduced in the first HWG meeting held in Thiruvananthapuram in January. The group in principle agreed for three proposed priorities, including mapping ongoing initiatives in health emergencies, prevention, preparedness and response and promoted convergence in global health architecture, he said. The HWG has also proposed ...

World Health Day 2023: Here's a look at govt healthcare schemes for all

From the Universal Immunisation Programme to the setting up of National tele-mental health centers, here is a look at some of the initiatives undertaken by the government of India to ensure health for

Morepen Labs zooms 18% on USFDA nod with NIL observations for HP facility

Earlier this month, the company had incorporated a wholly-owned subsidiary, Morepen RX.

India was world's No. 1 in handling Covid: Apollo Hospitals founder

In a Q&A, Prathap Chandra Reddy talks about the need to focus on medical tourism and medical education to meet the demand of 18 million professionals in the sector by 2030

Guidelines on medical negligence under consideration: Union Health ministry

The Union Ministry of Health and Family Welfare has taken up for consideration the healthcare sector's long-standing demand to frame guidelines for determining medical negligence cases, a reply to an RTI query revealed. Though there is no guideline at present, the matter is under consideration, the ministry said in response to an application filed under the Right to Information (RTI) Act on behalf of PTI. "So far, no guidelines have been framed. It is under consideration," said Sunil Kumar Gupta, undersecretary in the ministry's medical education policy section. Gupta, who is also the central public information officer, gave a written response to PTI when asked to provide information on "if the Union Health Ministry has framed any guidelines to handle cases of medical negligence in the country". It has been more than 17 years since the Supreme Court, for the first time in the Jacob Mathew case in 2005, directed the Centre to frame statutory rules in consultation with the-then medic

Need equitable access to digital innovations for women, girls: WHO

On the eve of International Women's Day on Tuesday, the WHO called for intensified action in Southeast Asia and the rest of the world to ensure that every woman and girl has equitable access to digital innovations that can support health and well-being. For both women and men, digital innovations and technologies hold immense potential to increase access to essential health services and improve health and well-being, said Poonam Khetrapal Singh, World Health Organisation's Regional Director for South-East Asia. However, gender inequality constrains the ability of women and girls to benefit, compounding existing inequities in health outcomes, she said. An estimated 61 per cent of women in the Asia Pacific use the internet, compared to 75 per cent of men. Women are about 12 per cent less likely to own mobile phones than men, and among those who don't own mobile phones, women outnumber men by 39 per cent, Singh said in a statement. Women are under-represented in technology sector jobs

Facebook co-founder's VC firm B Capital closes health fund, commits $500 mn

Technological advancements in biology, artificial intelligence, and automation are transforming the healthcare industry, with business models seeing the convergence of traditional players in novel way

US-based healthtech firm Nomad Health lays off 17% of its workforce

US-based Nomad Health, a healthcare staffing start-up, has laid off 17 per cent of its workforce this week, amid tough macroeconomic conditions

Prime Minister Trudeau says Canadian healthcare isn't living up to promise

Canadian Prime Minister Justin Trudeau said Tuesday that Canada's health care system isn't living up to its promise, and he plans to add billions more in funding. Trudeau said wait times in emergency departments have become dangerously long, people are waiting too long for essential surgeries and millions of Canadians are without a family doctor. "For generations, public health care has been a core part of what it means to be Canadian. It's built on a promise that no matter where you live, or what you earn, you will always be able to get the medical care you need. But right now, our health care system isn't living up to that promise," Trudeau said. "Canadians deserve better," he said. Trudeau's Liberal Party government has presented a new health care funding offer that would see Ottawa shift Canadian Dollar 196 billion (USD 146 billion) over the next 10 years to the provinces and territories, which oversee health care in the country. The government has set conditions for the extra