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HLL, ILFS ink MoU for medical park
HLL, ILFS ink MoU for medical park

Hindustan Latex (HLL)has signed a memorandum of understanding (MoU) with Infrastructure Leasing and Financial Services (IL&FS) for developing an integrated medical devices and diagnostic manufacturing park (MediPark) at Chengalpet near Chennai, Tamil Nadu.

General Atlantic to buy 20% in Wockhardt Hospitals
General Atlantic to buy 20% in Wockhardt Hospitals

US-based private equity (PE) major General Atlantic is learnt to be final stages of talks with Wockhardt Hospitals to invest around USD 140-150 million. Although there are some differences over the valuation and structure of the investment, the PE may pick up around 20% stake in the Indian company, sources said.

NoemaLife buys Ferrania Technologies
NoemaLife buys Ferrania Technologies

German healthcare software specialist NoemaLife has acquired the radiology information (RIS) and picture archiving and communications systems (PACS), in addition to the service division, of UK-based Ferrania Technologies.

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