Fortis Healthcare Ltd, an INR 512 cr company plans to invest US$500 million (Rs1,970 crore) to achieve its target of 40 hospitals by 2010-11, focusing on improving its presence in the West and South to get a pan-India presence.
Quovadx has announced the acquisition of Healthvision, a Health Information Exchange (HIE) industry leader with proven solutions that connect the healthcare communities of hospitals, labs, physicians, patients and consumers.
Exceptional performances in Europe’s healthcare industry were recognised at Frost & Sullivan’s prestigious Excellence in Healthcare Awards Banquet held in Dublin on the 3 October.
The Hindujas Group currently holding a land bank of around 1,000 acre in the spread across India, plans to enter the country’s booming health-care sectors.
e4e plans to launch an on-demand type software solution targeted at small overseas commercial health insurance plans covering less than one-lakh individuals.
Actis Technologies Pvt. Ltd., India’s leading audiovisual and environment control solutions provider has announced its plans to grow in Western India. As a part of this initiative it announced its plans to strengthen its presence in Kolhapur, by appointing about 7 dedicated dealers in the region.
Disposable medical device manufacturer Polymed is reportedly set to acquire a US-based medical device company for around $18-20 million.
Growing at 18-20 per cent a year already, and with sales of $475 million, including both domestic and exports. They have now raised their targets even further.
According to sources, Wipro BPO is likely to buyout MarketRx, a pharma focused market analytics company, bolstering its analytics practice, which at present accounts for less than 10% of its revenues.
Santo Holding (Germany), a subsidiary of Hexal founders Str
Hinduja TMT Ltd, renamed as Hinduja Ventures, and its joint venture partner UAE’s DP World have announced plans to invest Rs 100 crore each to enter the healthcare sector.
In recognition for his outstanding contribution in the field of diagnostic and health care industry in India, Dr. GSK Velu, Managing Director, Trivitron group of companies has been conferred with the ‘Rajiv Gandhi Shiromani Award,2007’.
Kurt L Betcher, administrative partner and chief financial officer of Norwest Venture Partners (NVP), and his colleague and general partner Robert B Abbott were recently in India.
Betcher’s focus was on the logistics of setting up and running an office in India, while Abbott, was looking for investment opportunities in the country, beyond the realm of technology that NVP had so far restricted itself to.
