In a move to bring expensive medical devices such as stents, catheters, orthopaedic implants and heart valves under the price negotiation, the government has asked the National Pharmaceutical Pricing Authority (NPPA) to collect data on price, supply and availability of medical devices in the country.
Condom major Hindustan Latex Limited (HLL) has announced it will set up a MediPark near Chennai to manufacture diagnostic devices to boost the INR 25 billion medical devices market.
An Indian-American engineer is gearing up to make a mark in the lucrative medical equipment market with his blood clot busting device that can be used inside the human brain.
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.
The smart card expert Sagem Orga, in collaboration with the health insurer Techniker Krankenkasse, has become the first company to develop the next-generation electronic health card.
Physicians and surgeons at Rochester General Hospital have used a robot to conduct about 500 remote exams at Newark-Wayne Community Hospital since October 2007.
Developer of global healthcare standards, Health Level Seven, has announced the release of Version 3 Normative Edition 2008, a globally-defined suite of specifications based on HL7
TeleHealth Services, a leading provider of integrated communications solutions for the healthcare market, has acquired substantially all Instant HealthLine(R) assets of Pathware, Inc. (formerly SVI Healthcare, Inc.)
Outsourcing firms in the healthcare and life sciences and insurance space have started recruiting nurses and para medics to do jobs that require these specializations.
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.
The Karnataka government has signed a Memorandum of Understanding (MoU) with the Hyderabad-based Emergency Management and Research Institute (EMRI) to roll out
Fortis Healthworld has acquired CRS Health, a Delhi-based pharma and wellness retail chain. It is also planning to rebrand itself and the pharma chains it acquires in future as Religare Wellness.
Canada’s electronic health record projects have quadrupled since 2004, according to the head of the Canadian health IT agency. Investment in EHRs is said to have increased by 12% in the past year alone.
