Page 128 - Healthcare

Germany's Fresenius Medical buys dialysis service provider Sandor Nephro

With the acquisition of Sandor Nephro Services, which operates under the brand name Sparsh Nephrocare, the German firm will strengthen its dialysis business in India

Medical device parks to bring down manufacturing cost by 30%

GST will further bring down the taxation in the sector by almost 12 per cent, according to Ananth Kumar, Minister for Chemicals and Fertilizers

The rise of home health care in India can free up hospital beds substantially: Vishal Bali

Interview with co-founder, Medwell Ventures

Government may bring new law on medical devices: Ananth Kumar

He said, with inputs from the industry, the bill can be introduced in Parliament as early as the Winter Session

India short of 5,00,000 doctors, bodies on shoulders reminders of health crisis

A report suggests that with doctor-patient population ratio of 1:1,674, shortage is worse than Vietnam, Algeria and Pakistan

Discussion with centre on price regulation of stents positive: Healthcare Federation of India

However, the industry has been concerned about the policy approach, rather than the size of the stent market in the country

Fortis Healthcare board approves scheme for diagnostics business demerger

As per the scheme, SRL (Fortis Healthcare's business engaged in diagnostics) will be merged with Fortis Malar in the first step. Subsequently, the name of Fortis Malar will be changed to SRL

Narayana Health opens robotic surgery training institute

Institute of Robotic Surgery, based in Bangalore and supported by Infosys Foundation, will train doctors in robotic surgery for various cancers

BARC and Sree Chitra Tirunal Institute to jointly develop deep brain stimulator

DBS device, which is used in typical neurological conditions such as Parkinson's disease, dystonia, etc, is currently being imported, limiting its wider usage due to the high cost

Govt plans to open 300 Amrit pharmacies to dispense low-cost drugs

The Amrit retail outlets, which sell drugs at highly discounted rates, are aimed at reducing the burden of out-of-pocket expenses on patients

Alphabet arm Verily to collaborate with GSK for bioelectronic medicines

Both companies will invest up to Pound 540 million (about $ 710 million) in the joint venture Galvani Bioelectronics, which will be headquartered in the UK

AIIMS Bhatinda receives Cabinet nod

The new AIIMS, to be built with an investment of Rs 925 crores, will have a hospital with capacity of 750 beds

Core Diagnostics to collaborate with US-based Star Health for oncology test

Through collaboration, the clinical diagnostics firm will launch the Celsee liquid biopsy test for oncology throughout India

Inclusion of stent in drug price control regime will weaken industry sentiment: FICCI

The move to have an unfavourable impact on the Make in India initiative and FDI inflow in the medical devices sector

China Resources and Macquarie buys stake in Australia's GenesisCare

The consortium bought KKR & Co's 45 percent in GenesisCare, the enterprise value of which is estimated at A$1.7 billion ($1.3 billion)

Industry opposes move to control stent prices

Says move runs contrary to govt's recent efforts to come out with separate legislation for medical devices

AIIMS Gorakhpur receives Cabinet nod

The project, which is estimated to cost Rs 1011 crore, will be established under Pradhan Mantri Swasthya Suraksha Yojana (PMSSY)

BD to collaborate with Columbia Asia Hospitals for diabetes management

The company will equip Columbia Asia's team of diabetes management specialists on latest insulin injection technique

Govt plans to table Medical Device Act in Parliament during winter session

PMO held meeting last week with industry association to discuss strategy to promote Make in India initiative in the medical devices sector

Global PE firm TPG Growth invests $ 33 mn in Rhea Healthcare

Including Motherhood, the brand name of Rhea Healthcare's mother and child care centres, TPG Growth's investments in healthcare companies across India and Sri Lanka now total nearly $ 250 mn