In a decision likely to benefit Indian doctors settled abroad wanting to return to their motherland, the government proposes to recognise the medical degrees of other countries, including the United States and United Kingdom.
The Quality Council of India is seeking help from corporates for elevating quality standards in hospitals. It is planning to ask corporate houses to make quality certification mandatory before empanelling hospitals for providing medical benefits to their respective employees.
Life Insurance Corporation of India has got the Insurance Regulatory and Development Authority
High performance database program allows the user to easily manage the transfer of data to and from the Rigel 288 tester using Bluetooth connectivity.
Baltimore-based Visicu Inc., which went public less than two years ago, has agreed to be acquired by the healthcare unit of Netherlands-based electronics giant Royal Philips Electronics. The price: $430 million.
US-based Medtronic, Inc. plans to buy a 15% stake in Shandong Weigao Group Medical Polymer Co., Ltd. for HKD 1.73 billion, or USD 220 million, the two companies jointly announced.
IBM is partnering Sankara Nethralaya, a specialty institution for ophthalmic care based in Chennai, to help manage its IT infrastructure, over a period of five years.
The Delhi Government has signed a memorandum of understanding with the Quality Council of India with the time-bound objective of attaining National Accreditation Board for Hospitals and Healthcare Providers (NABH) quality standards in all its hospitals and medical institutions within three years.
US-based Polycom Inc, which provides a range of communications equipment enabling enterprise users to conduct video, voice, data and web communications, is focussing on South India for growth with the company witnessing demand for its products from state governments, tele-medicine and tele-education projects.
Chennai based medical technology company Trivitron Medical Systems, which recently offloaded an unspecified minority stake to HSBC Private Equity and venture capital firm ePlanet Ventures for USD 11 million, is planning to expand in a big way with a medical technology park, and acquiring domestic firms with a view to modernising them.
In an effort to control the quality of medicinal products, the government has brought out the Indian Pharmacopoeia, 2007, which lays down the standards for drugs produced or marketed in India.
Global financial institutions American International Group (AIG) and J P Morgan are reportedly to invest a total of INR 400 crore in Bangalore based Narayana Hrudayalaya for a 25 per cent stake in this cardiac hospital chain, valuing it at INR 1,600 crore.
Nobel Laureate, Amartya Sen, delivering a public on lecture
