Page 21 - Healthcare Sector
Temasek backs future funds of impact investor LeapFrog with $500 mn
In India, LeapFrog has so far deployed capital across nine companies
 "Temasek backs future funds of impact investor LeapFrog with $500 mn")
Supply challenges for auto-disable syringe needle private hospitals
So far, the syringes were being supplied by the state government
 "Supply challenges for auto-disable syringe needle private hospitals")
Healthcare startup Innovaccer's valuation crosses $1 bn, joins unicorn club
The new funding round brings the total capital raised by Innovaccer to over $225 million.
 "Healthcare startup Innovaccer's valuation crosses $1 bn, joins unicorn club")
Govt working to improve ease of doing biz in pharma sector: Minister
The government is continuously working to reduce regulatory compliance burden on the pharma industry in a bid to improve ease of doing business in the country, Union Minister for Chemicals & Fertilisers D V Sadananda Gowda said on Thursday. Addressing the inaugural session of 'The India Pharma 2021 & India Medical Device 2021' event here, the minister also emphasised that the domestic pharma industry has the capability to achieve the target of USD 130 billion turnover by 2030. "Under the leadership of Prime Minister Narendra Modi, the government continues to strive to improve the ease of doing business in the country. Vigorous effort is on to reduce the regulatory compliance burden on the (pharma) industry," Gowda said. Minister of State for Chemicals and Fertilisers Mansukh Mandaviya said that reforms are being undertaken by the government especially in the pharmaceutical sector. "In ease of doing business we have reached 79thposition now from the earlier 145. In the pharma ..
 "Govt working to improve ease of doing biz in pharma sector: Minister")
Sun Pharma to launch complete range of generic anti-epilepsy drug
The firm said it plans to introduce a complete range of anti-epilepsy drug Brivaracetam in the country at an affordable price
 "Sun Pharma to launch complete range of generic anti-epilepsy drug")
From best to worst: A 2020 winner in stock market is now the biggest loser
Health care is Asia's worst-performing sector this year
 "From best to worst: A 2020 winner in stock market is now the biggest loser")
MediBuddy raises $20mn funding from India Life Sciences Fund III, others
The firm raised $20 million (about Rs 145 crore) earlier this month from India Life Sciences Fund III, LLC and others
 "MediBuddy raises $20mn funding from India Life Sciences Fund III, others")
India to test efficacy of Covid-19 vaccines against SA, Brazil strains
There are not enough number of cases with the South African and Brazilian strains in the country to check the efficacy
 "India to test efficacy of Covid-19 vaccines against SA, Brazil strains")
Walmart investors eye push into advertising, healthcare after pandemic boom
Walmart will report fourth-quarter results on Thursday
 "Walmart investors eye push into advertising, healthcare after pandemic boom")
MediBuddy raises Rs 25 crore debt fund from InnoVen Capital
Digital healthcare platform MediBuddy has raised Rs 25 crore debt fund from InnoVen Capital
 "MediBuddy raises Rs 25 crore debt fund from InnoVen Capital")
It's online all the way: The rise and rise of telemedicine amid Covid-19
Covid-19 gave a huge fillip to remote medical consultations, and the trend is likely to stay
 "It's online all the way: The rise and rise of telemedicine amid Covid-19")
Biocon Biologics inks pact to expand access to its cancer biosimilars
Biocon Biologics is an arm of biotechnology major Biocon
 "Biocon Biologics inks pact to expand access to its cancer biosimilars")
Indegene's valuation reaches $700 mn; raises $200 mn from Carlyle, Brighton
Given the wider adoption of digital initiatives within the healthcare industry, Indegene plans to use the funds to accelerate its M&A (merger and acquisition) and global expansion plans
 "Indegene's valuation reaches $700 mn; raises $200 mn from Carlyle, Brighton")
Why pharma stocks are underperforming despite Rs 2.23 trn Budget allocation
Much of the increase in this year's Budget allocation for health and well-being is attributed to expenditure set aside for Covid-19 vaccination
 "Why pharma stocks are underperforming despite Rs 2.23 trn Budget allocation")
'Get well soon' outlay: Health care gets best-ever shot in Budget 2021
Allocation jumps 118% over RE to Rs 2.23 trillion; Rs 35,000 cr earmarked for Covid vaccination
 "'Get well soon' outlay: Health care gets best-ever shot in Budget 2021")
Budget: Vardhan says health vital to Atmanirbhar Bharat, hails 137% hike
Harsh Vardhan hailed the budget proposals concerning the health sector and "health and well-being" was on the top of the six prominent pillars of Atmnanirbhar Bharat outlined in Sitharaman's speech.
 "Budget: Vardhan says health vital to Atmanirbhar Bharat, hails 137% hike")
Atmanirbhar campaign in sync with globalisation, PM tells MNC heads
Says India to soon supply two vaccines to the world, many more will come, going forward
 "Atmanirbhar campaign in sync with globalisation, PM tells MNC heads")
Govt likely to set up Pradhan Mantri health fund in upcoming Budget
Centre, states to contribute to meet higher public spending target
 "Govt likely to set up Pradhan Mantri health fund in upcoming Budget")
New product launches to drive growth for Lupin, US business a key trigger
This should reverse the US underperformance in FY15-20 with margins too moving up sharply
 "New product launches to drive growth for Lupin, US business a key trigger")
Strong deal pipeline, auto sector recovery positive for Tata Elxsi
A 56 per cent stock uptick since December caps upside
 "Strong deal pipeline, auto sector recovery positive for Tata Elxsi")
