Page 19 - Healthcare Sector

'India, US need to work jointly in reforming global health architecture'

Both India and the US are global partners and need to work collaboratively in reforming the global health architecture, Union Health Minister Mansukh Mandaviya said on Tuesday

Sterling Accuris to raise Rs 250 crore from fund managed by Morgan Stanley

Diagnostic lab chain Sterling Accuris Wellness on Monday said it has inked a pact to raise Rs 250 crore from a fund managed by Morgan Stanley Pvt Equity Asia in order to expand operations. Sterling, which started operations in 2016, has over 1,000 employees and operates around 150 labs and collection centers in Gujarat, Delhi, Rajasthan and Madhya Pradesh. The company is aiming a revenue of around Rs 250 crore in the current fiscal year. As diseases become more complex, the need for their quick and accurate diagnosis through testing will become more critical," Sterling Accuris Chairman Girish Patel said in a statement. This will lead to increased customer preference towards organised pathology lab networks, he added. "Over the last five years, Sterling Accuris have built a strong business in the markets we operate in and the growth capital infusion from a seasoned investor like Morgan Stanley will help the team accelerate the execution of our expansion plan," Patel noted. During

Nurse to doctor ratio in India estimated to be 1.7:1 on basis of NSSO data

The nurse to doctor ratio in India is estimated to be 1.7:1 on the basis of NSSO data, while the ratio of allied health workers to doctors is estimated to be 1:1

Indegene acquires Medical Marketing Economics for around $10 mn

Healthcare solutions provider Indegene on Monday said it has acquired MME for approximately $10 million to strengthen its pricing, reimbursement and market access capabilities.

Vijaya Diagnostic IPO to open on Sept 1; price band set at Rs 522-531/share

The IPO is entirely an offer for sale of 35,688,064 equity shares by the promoter and investors

Non-Covid biz not back to pre-pandemic levels: Metropolis Healthcare MD

In a Q&A, Ameera Shah says, however, that the impact of the second wave on her industry segment wasn't as bad as the first

Zydus Cadila Q1 consolidated net profit up 30% to Rs 587 cr

Revenue from operations up 14% to Rs 3,917 crore from Rs 3,424 crore in Q1F21

Better education, healthcare to lower Assam Muslim birth rate: Congress MLA

The birth rate among the Muslim populace of Assam will come down if measures are taken to spread education and develop healthcare facilities, Congress MLA Sherman Ali Ahmed said

GE Healthcare selects 6 Indian startups under 'Cohort 3' programme

Medical technology company GE Healthcare has selected six Indian startups under its 'Cohort 3' programme to help them build and scale up their technologies for their target market segments.

Rajasthan's healthcare scheme benefits over 120,000 people in 3 months

Over 120,000 people have benefitted from free treatment in the first three months of the Rajasthan government's MukhyaMantri Chiranjeevi Swasthya Bima Yojna

UK health workers to receive 3% pay rise in accordance with NHS body

The UK government said on Wednesday that it will back NHS by providing a 3% salary uplift to health workers in full accordance with recommendations of NHS independent pay review bodies

India's health inequality made worse by reduced health budget: Oxfam report

Oxfam India's inequality report draws attention to the county's unequal healthcare story hit further by Covid-19

Hospitals have turned into industries instead of serving humanity: SC

On December 18 last year, the top court had directed all the states to constitute a committee in each district to conduct fire audit of COVID-19 hospitals at least once a month

NCGTC issues guidelines for Rs 50,000-cr scheme for medical infra

The National Credit Guarantee Trustee Company Ltd on Friday issued operational guidelines for the Rs 50,000-crore credit guarantee scheme

Pharma shares in focus; Alkem, Divi's Lab, Syngene hit record highs

Thus far in the financial year 2021-22 (FY22), the S&P BSE Healthcare index has rallied 24 per cent, as against 9 per cent gain in the S&P BSE Sensex

Kerala govt to strengthen public-private partnership in healthcare in state

Kerala Health Minister Veena George said the public-private partnership in healthcare will be strengthened in the state

Indian scientists working on developing mRNA vaccine technology get grant

Ignite Life Science Foundation has awarded its first grant award for "pandemic preparedness" research to a team of researchers at the Indian Institute of Science (Bengaluru)

Delhi's cloud-based health project likely to be out by March next year: CM

Kejriwal on Thursday reviewed the progress of the ambitious cloud-based Health care Information Management System (HIMS) and said it is likely to be rolled out by March next year.

AstraZeneca partners with Docon to digitise 1,000 clinics across India

Biopharmaceutical company AstraZeneca India (AstraZeneca Pharma India Limited) on Wednesday announced that it has signed a memorandum of understanding with Bengaluru-based health startup, Docon Technologies, for digitising 1,000 clinics across India. Under the partnership, Docon will equip the identified clinics with customised Electronic Medical Record (EMR) systems enabling clinicians to access complete patient history, a joint statement said. "This willgo a long way in helping the clinical community better treat chronic patients and manage long-term complications of non-communicable diseases (NCDs) like diabetes and cardiovascular diseases', it said. Towards reaching the 1,000 clinics goal in 2021, on ground identification and support has been placed in 30 cities. Till now, as a part of the pilot phase, around 200 clinics have been upgraded with many of them being in Tier 1 & 2 towns, the statement said. In addition to providing the clinicians with a three day ..

Investment low in pvt healthcare, stimulus may be game-changer: V K Paul

Investment in the expansion of the health sector in private domain has been relatively low: V K Paul