Corporate Updates

Pfizer is considering outsourcing its manufacturing to India and China

Pfizer, a US-based pharmaceutical giant, is looking to cut costs by outsourcing as much as 30 per cent of its manufacturing to...

BT considering expanding health business in Middle East

The International Health Advisory Board of British Telecommunications plc (BT), comprising leaders in healthcare and public policy from around the globe, has...

Tenet, United Healthcare ink agreement

Tenet Healthcare Corp. has signed a two-year, national agreement with United Healthcare. Under the agreement, United Healthcare members will have access to...

IBM targets multi-billion $ health sector in India

IBM is targeting multi-billion dollar health business opportunities in India. The company has plans to tap opportunities worth $1 billion each in...

ICICI Venture plans to float healthcare holding firm

ICICI Venture is planning to float a company that will buy medium-sized hospitals and pharmacy chains and act as a holding company...

CRAMS to global pharma companies, give good returns

The pharma sector may have underperformed in the Sensex , but companies providing contract research and manufacturing services (CRAMS) to global pharma...

Cigna buys healthcare business of Great-West Lifeco for USD 1.5 Bln

Health insurer Cigna Corp. (CI) announced a definitive agreement to acquire Great-West Healthcare, the healthcare division of Great-West Life & Annuity Insurance...

Agfa HealthCare awarded contract with Premier for RIS/PACS/Reporting Solutions

Agfa HealthCare, a leading provider of IT-enabled clinical workflow and diagnostic imaging solutions, announces today that it has been awarded a new,...

HSBC Private Equity (Asia) Fund and ePlanet together invest in Trivitron

Trivitron, India

Indian medical transcription provider acquired by CBay Systems

UK-listed healthcare services BPO firm CBaySystems has announced the acquisition of Nagpur-based medical transcription services provider Suyash Software in a cash and...

CII launches ‘Experience Indian Healthcare’ initiative

Medical value travel, more popularly termed 'Medical Tourism', was discussed at lenght as the next big window of opportunity at a recent...

MarketRx with Cognizant for USD 135 mn

IT major Cognizant Technology Solutions has acquired New Jersey-based MarketRx, provider of analytics and related software services to global life sciences companies.

Mega Lifesciences, Thailand enters India

Thailand-based healthcare company Mega Lifesciences recently announced its foray into the Indian market with the launch of its oral consumption skincare range...