Apollo Hospitals to hive off pharma retailing into separate company
Apollo Hospitals Enterprise Ltd intends to spin off its pharma retailing business into a separate company, though not immediately.
Corporate updates
CBaySystems to invest $25 mn and up headcount in country
With a view to rapidly ramp up operations and expand its footprint in the country, CBaySystems, has drawn up a US$ 25 mn capex plan over the next two years.
HCL Info bags US$ 23 m deal for Pan-African project
Domestic IT major HCL Infosystems has bagged a US$ 23 million deal to implement IT infrastructure for the Pan-African e-Network Project, which provides tele-education and tele-medicine.
Oracle announces creation of health sciences global business unit
Responding to continued growth in clinical trials as well as the increasing linkages across life sciences, diagnostics and healthcare, Oracle recently announced the formation of a new Global Business Unit focused on software applications for the health sciences industry. Neil de Crescenzo has been named Senior Vice President and General Manager for the business unit.
Private DNA bank launched in India
A human DNA Bank was established by an Indian biotechnology firm director in northern city Lucknow recently. This is Asia’s only and the world’s second human DNA Bank.
GE moves US$ 17 bln healthcare business to Turkey
In what analysts see as a major vote of confidence for the Turkish economy, General Electric (GE) has decided to move all managing operations in the eastern and African growth markets (EAGM) to İstanbul.
Wipro, Cognizant among largest healthcare IT providers in US
Nasdaq-listed Cognizant Technology Solutions, which has major operations in India, and Bangalore-based Wipro Technologies has been ranked among the 100 largest healthcare IT providers in the US.
Mirrus opens research and development centre in India
A CBay Group company Mirrus Systems recently announced the inauguration of its first India R&D centre here with an initial investment of US$ 1.5 million and also plans to ramp up its headcount to 1,000 by 2010.
Neon Healthcare ties with US based Hayes Lab
Neon Healthcare and Research Institute Ltd of India has signed an agreement with US-based pathological lab Hayes Lab for outsourcing in the healthcare space.
IBM releases another piece of its Healthcare 2015 initiative
How healthcare providers deliver care is going to change in the future. That’s the message from Armonk-based IBM Corp. in the latest study from its “Healthcare 2015” initiative.
Bennet, Coleman pick up 2.55 lac equity shares of Lotus Eye Care
In a pre-IPO placement, Lotus Eye Care Hospital has sold 2,55,000 equity shares of INR 10 each to the Bennet, Coleman & Company, publishers of Times of India and The Economic Times, at a price of INR 50 each.
MedPlus unveils diagnostics plans
Pharmacy chain Medplus Health Services has opened its first five regional diagnostic centres already and has plans for 50 more by the end of the fiscal as it diversifies into the lucrative market for diagnostic services.
India to earn INR 8000 cr through medical tourism
Easy access to visa facilities permitted by India to overseas patients coupled with the best emerging medical infrastructure in large and tertiary towns will make the country earn to an extent of INR 8,000 crore in foreign exchange by 2012, a new study has said.
-
-
Delhi to host forum on homoeopathic medicine
22-02-2017
