Zydus Lifesciences Ltd on Tuesday reported a 13.8 per cent rise in consolidated net profit at Rs 911.2 crore in the second quarter ended September 30, 2024. The company had posted a consolidated net profit of Rs 800.7 crore in the corresponding period of the last fiscal year, Zydus Lifesciences Ltd said in a regulatory filing. Consolidated revenue from operations stood at Rs 5,237 crore, as compared to Rs 4,368.8 crore in the year-ago period, it added. "Sustained growth momentum across our businesses along with enhanced profitability drove our strong Q2 performance. Execution success of our differentiated pipeline in the US and outperformance of our India geography business were particularly noteworthy," Zydus Lifesciences Managing Director Sharvil Patel said. India geography comprising formulations as well as consumer wellness businesses registered revenues of Rs 1,944.4 crore, up 10 per cent year-on-year (y-o-y). The US formulations business registered revenue of Rs 2,416 8 cror
The Karnataka High Court on Wednesday granted interim bail to actor Darshan Thoogudeepa, who is an accused in Renukaswamy murder case, on medical grounds, to undergo spine surgery. The bench of Justice S Vishwajith Shetty granted interim bail for a period of six weeks to undergo medical treatment. The court had reserved the order on Tuesday on the bail application after hearing detailed arguments from the actor's legal representative, senior advocate C V Nagesh, and State Public Prosecutor P Prasanna Kumar. The state had presented medical reports in a sealed cover from doctors at Ballari Central Prison, where he is lodged, and the Head of the Department of Neurology at a government hospital in Ballari. Darshan was arrested on June 11 and is lodged in Ballari Prison. His bail application, submitted on September 21, was rejected by a sessions court. Following this, he petitioned the High Court and requested interim bail to receive treatment. According to police, 33-year-old Renukas
Healthtech firm Dozee's AI-powered system alerted patients' health deterioration about 16 hours in advance and continuous monitoring saved 10% of healthcare practitioners' time
The National Medical Commission (NMC) has initiated the process of registration of all MBBS doctors eligible to practice in India on a recently launched portal, as a part of which all medical practitioners will have a unique ID. The National Medical Register (NMR) is a dynamic database and will be a central repository of all registered doctors, in which their authenticity is verified by Aadhaar IDs. "The NMR is ready for registration of registered medical practitioners (RMPs) with immediate effect," Dr B Srinivas, Secretary of the NMC said. All the MBBS doctors who are registered on Indian Medical Register (IMR) have to register again on the NMR, the NMC said in a public notice recently, and added that all medical colleges/institutions, state medical councils (SMCs) are inter-linked on the portal. Some data will be visible to the public and others will only be visible to Ethics & Medical Registration Board (EMRB) of the NMC, SMC, National Board of Examinations (NBE) and medical ..
A Supreme Court bench asked the Assam Legal Services Authority to visit the detention centre to establish sub-par facilities and assess the quantity and quality of food and kitchen hygiene
QMS Medical Allied Services on Friday said it has acquired a 51 per cent stake in Saarathi Healthcare for Rs 450 crore. Mumbai-based QMS MAS is engaged in the marketing and distribution of a wide range of medical products. "The acquisition of Saarathi is the natural extension of our services and another step of our expansion plan. Where QMS MAS specializes in patient screening, Saarathi specializes in disease management leading to better disease outcomes essentially enabling us to provide a comprehensive portfolio to our clients," QMS Medical Allied Services CMD Mahesh Makhija said in a statement. This move will have a significant addition to company's revenues and profitability from the onset of the next fiscal year, he added. Saarathi Healthcare Founder & CEO Ranjeeta Vinil said the companies will forge ahead with collective strength in products and services.
Such loans typically offer faster processing times and easier eligibility criteria
As firm corrects 'inadvertent' mistake, experts feel it's not uncommon to add new parties to patent filings
The Indian Army has launched a first-of-its-kind skin bank facility that aims to revolutionise the treatment of severe burn injuries and other skin-related conditions for service personnel and their families. The defence ministry in a statement on Tuesday said the skin bank will be staffed by a team of highly-trained medical professionals, including plastic surgeons, tissue engineers and specialised technicians. The Army Hospital (Research and Referral) here announced the opening of the skin bank facility, a first-of-its-kind to be established within the Armed Forces Medical Services, it said. "This landmark initiative aims to revolutionise the treatment of severe burn injuries and other skin-related conditions among service members and their families," the statement said. This bank will serve as a centralised hub for the collection, processing, storage and distribution of skin grafts, providing a "critical resource" for military medical centres across the country, officials said.
South Korean officials issued return-to-work orders for doctors participating in a one-day walkout on Tuesday as part of a protracted strike against government plans to boost medical school admissions, starting next year. Since February, more than 12,000 trainee doctors have remained on strike amid a deepening standoff with government officials, who want to grow the country's number of doctors by up to 10,000 by 2035. Many reject the plan, saying schools won't be able to handle the increased flow and that the quality of the country's medical services would suffer. About 4 per cent of the country's 36,000 private medical facilities, categorised as clinics, have told authorities they would participate in a one-day strike on Tuesday, according to South Korea's Health and Welfare Ministry. The strike came a day after hundreds of medical school professors at four major hospitals affiliated with Seoul National University entered an indefinite walkout, raising concerns about disruptions i
Philippines is likely to see a 25 to 30 per cent rise in the number of Indian students heading to the country for medical studies after it recently made legislative changes opening its doors for foreign students to practice medicine locally once they earn their Doctor of Medicine degree, a foreign education consultant said on Friday. "The amendment is a landmark achievement, not only for Indian students but for all foreign medical students studying in the Philippines. It provides a clear pathway for our graduates to practice medicine locally or internationally. This change will strengthen the Philippines' position as a leading destination for medical education in the Asia-Pacific region," said Kadwin Pillai, director of Transworld Educare and chairman of Kings International Medical Academy. The move will also benefit students aiming for medical practice in India as it aligns with the National Medical Council's (NMC) rule that mandates possessing a valid practising licence to appear i
Manipal Health Enterprises (Manipal Hospitals) currently operates 9,500 beds across 33 hospitals in India. Medica has a presence in eastern India with 1,200 beds
Spiritual guru and founder of the Isha Foundation, Sadhguru Jaggi Vasudev, was discharged from the hospital on Wednesday after undergoing emergency brain surgery.Dr Sangita Reddy, Joint Managing Director, Apollo Hospitals Group, who met Sadhguru in the hospital, said, "The doctors have expressed satisfaction with his recovery and healing. Sadhguru, even as he is recovering, has maintained the same spirit. His commitment to the global good, his sharp mind and his sense of humour are all intact. I think this is good news for all the millions of people who have been enquiring about his health."The Foundation has expressed thankfulness for the outpouring of love and support that Sadhguru has received from everyone during this time.On March 17, the 66-year-old spiritual leader developed a decline in his level of consciousness with drowsiness and weakness in the left leg. He was then rushed to the medical facility.A team of doctors consisting of Dr. Vinit Suri, Dr. Pranav Kumar, Dr. Sudheer
The FMRAI had in 2021, lodged a case in the Supreme Court of India to make the UCPMP a statutory law
According to the Isha Foundation, Sadguru was examined by Dr Vinit Suri, a senior consultant neurologist at Apollo Hospitals and was advised to undergo an MRI
Japan's Toyota Tsusho and Secom Medical System on Saturday announced plans to set up a second multi-super specialty healthcare facility under their Sakra World Hospital operations in India at an investment of Rs 1,000 crore. The two partners, which already run a Sakra World Hospital facility in Bengaluru, plan to add another 500-bed new unit at Banaswadi in Bengaluru North. The facility is scheduled for completion by the end of 2026. Sakra World Hospital is also looking to set up at a third unit, which is envisaged to have 300 beds, as part of its plans to add 1,000 beds in the upcoming years. The second facility, to be constructed at an estimated cost of Rs 1,000 crore, will have a 500-bed capacity with a built-up area spanning 6 lakh sq ft, Sakra World Hospital said in a statement. Sakra World Hospital is a collaboration between Japan's healthcare major Secom Medical System and trading conglomerate Toyota Tsusho. "The new facility is the extension of our firm commitment towards
Medical representatives barred from using 'inducement' or 'subterfuge' to access healthcare professionals
The National Eligibility-cum-Entrance Test-Postgraduate examination is likely to be held in the first week of July and the counselling in the first week of August, sources said on Saturday. They further said the National Exit Test (NExT) will not be held this year. "The NEET-PG examination is likely to be held in the first week of July. The counselling is likely to begin in the first week of August," a source said. According to the recently-notified "Post-Graduate Medical Education Regulations, 2023" which have replaced the Postgraduate Medical Education (Amendment) Regulations, 2018, the existing NEET-PG examination will continue till the proposed NExT becomes operational for the purpose of PG admission. The NEET-PG is an eligibility-cum-ranking examination prescribed as the single entrance examination for admission to various MD/MS and PG Diploma Courses under the National Medical Commission Act, 2019.
Apart from this, six ICU beds and a ward with 30 beds have also been reserved for Covid patients in the new building of Lady Hardinge Hospital