Page 10 - Healthcare

Traditional VC model not enough for deep science: Social Alpha founder

Manoj Kumar, the founder of venture development platform Social Alpha, says that deep science is all about impact first, rather than return first, making it harder to find typical venture funding

Essential drug price cuts saved patients Rs 3,788 crore a year: Govt

Under the AMRIT initiative, medicines for cancer, cardiovascular diseases, and surgical implants are available at up to 50 per cent discounts in selected hospital pharmacies

India takes lead in global fight against tuberculosis, says ICMR

ICMR highlighted the need for affordable and scalable innovations in active case finding among asymptomatic individuals

ASHA workers intensify agitation in Kerala laying siege to Secretariat

Hundreds of ASHA workers, who have been staging a protest for over a month pressing various demands, on Monday intensified their agitation by laying a siege to the state's Secretariat here. A section of Accredited Social Health Activist (ASHA) workers has been protesting here for the last 36 days seeking post-retirement benefits and a hike in their honorarium. As they are yet to get any assurance from the authorities on their demands, the agitators today laid a siege to the Secretariat by blocking its various gates, in the heart of the city. After gathering at the protest venue, they moved towards the state's administrative hub, squatted on the road and raised slogans. Police placed barricades on the premises to block the protesters. Security was intensified in and around the Secretariat and over 800 police personnel were deployed to prevent the protesters from entering Secretariat. Police said the agitation didn't create any hurdle to the normal functioning of the Secretariat.

Expanding product portfolio to drive growth for Zydus Lifesciences

The near term trigger for the stock is its plan to acquire Amplitude Surgical

Now, tussle starts between Herbalife and Modiway in weight-loss market

The weight-loss market hit $25 billion in 2024 and is expected to expand to $55 billion by 2033, according to industry estimates

Health insurance: Choose policy with guaranteed bonus, unaffected by claims

While premiums may rise over time, a good bonus-linked policy lowers the per lakh cost of sum insured

Indira IVF expands with launch of MatCare Maternity & Child Hospital

This expansion further enhances Indira IVF's core reproductive care offerings, underscoring its commitment to delivering high-quality, integrated services that fully address diverse needs of families

Zydus Lifesciences to buy 86% stake in Amplitude Surgical for Rs 2,430 cr

Zydus will file a mandatory cash tender offer for the remaining shares of Amplitude at the same purchase price of €6.25 per share

PB Fintech to infuse Rs 696 crore in arm PB Healthcare Services in FY26

PB Fintech Ltd., the parent entity of insurance brokerage firm Policybazar, on Tuesday said it proposes to infuse Rs 696 crore in its subsidiary PB Healthcare Services Private Limited in the next financial year to grow its business. The decision was taken by the Board of Directors of PB Fintech Ltd. in a meeting held on Tuesday. The board approved a proposal to make an investment for an aggregate amount of up to Rs 696 crore in PB Healthcare Services Private Limited, its wholly owned subsidiary, by way of subscribing or purchasing its shares or Compulsory Convertible Preference Shares during the financial year 2025-26, PB Fintech Ltd. said in a regulatory filing. The said investment is, however, subject to the shareholder's approval through postal ballot and will be made along with other external investors in PB Healthcare Services Private Ltd., it said. It further said that the capital infusion would be done to meet its general operating expenses and enhance brand awareness, offic

356,000 claims worth Rs 643 cr rejected for frauds under Ayushman Bharat

: Union Minister of State for Health Prataprao Jadhav told the Rajya Sabha on Tuesday that suitable actions including rejection of 3.56 lakh claims worth Rs 643 crore and de-empanelment of 1,114 hospitals have been taken against fraudulent entities as reported by the states and UTs under the Ayushman Bharat health insurance scheme. He said in a written reply that 1,504 errant hospitals have been penalised Rs 122 crore and 549 hospitals have been suspended. The Ayushman Bharat-Pradhan Mantri Jan Arogya Yojana (AB-PMJAY) is a flagship scheme of the government which provides health cover of Rs 5 lakh per family per year for secondary and tertiary care hospitalisation to approximately 55 crore beneficiaries corresponding to 12.37 crore families constituting economically vulnerable bottom 40 per cent of India's population. On October 29, 2024, Prime Minister Shri Narendra Modi announced expansion of AB-PMJAY to include all senior citizens aged 70 years and above. Under the expansion, all

Healthcare clocked $30 billion investment in 2 years, says report

The report states that hospitals in India undertook M&A deals worth $6.74 billion and attracted $4.96 billion from private equity (PE) investors

Tuberculosis cases rising in UK and US, why is it a global health concern?

With increasing mass movement, including due to climate change and war, the maxim "TB anywhere is TB everywhere" is more resonant today than ever

Indian pharma market registers 7.5% growth in Feb 2025: Pharmarack

Among them, the cardiac, gastrointestinal, and antidiabetic therapies saw high value growth of 9.5 per cent, 9.6 per cent, and 6 per cent, respectively

Pope Francis stable after respiratory crisis, taken off ventilation mask

Pope Francis had stabilised enough on Tuesday after two respiratory crises to be taken off noninvasive mechanical ventilation and resume receiving just high flows of supplemental oxygen via a nasal tube to help him breathe, the Vatican said. Francis, 88, woke up and was resuming respiratory physiotherapy after sleeping through the night, the Vatican said. The Vatican said as of Tuesday morning, Francis no longer needed to wear the mechanical ventilation mask that covers his nose and mouth to pump oxygen into his lungs. He had to resume using the mask on Monday after suffering two respiratory crises that required doctors to extract copious amounts of mucus from his lungs. Francis rested early Tuesday after he suffered further setbacks in his fight against double pneumonia: two new acute respiratory crises that required him to resume using noninvasive mechanical ventilation to breathe. In its early Tuesday update, the Vatican said: The pope slept through the night, now rest ...

Have 5-6 portfolio firms planning IPOs: ChrysCapital's Sanjay Kukreja

The common thread is backing grounded founders who are hands-on and have a relentless focus on execution

India's first three transgender clinics close after USAID funding freeze

U.S. President Donald Trump ordered a 90-day pause on all foreign aid in January pending a review to ensure all projects funded with U.S. taxpayer money are aligned with his "America First" policy

CDSCO centralises GMP issuance and verification with new online portal

This initiative addresses long-standing concerns over inconsistent certificate formats and verification challenges across India's 28 states

Health Ministry set to begin work on integrating health portals

This comes after work was initiated to integrate the Health Management Information Systems (HMIS) portal, which monitors the NHM and other health programmes

Private hospitals in India to add 10,000 beds by FY26: CRISIL Ratings

A recent analysis by CRISIL Ratings of 91 private hospitals, which collectively generated approximately Rs 64,000 crore in revenue last financial year, supports this finding