Bosch buys health network
German industrial giant, the Bosch Group, has acquired US telehealth specialist and innovator Health Hero Network Inc., which focuses on remote health monitoring.
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Hospitals should inform patients of treatment costs: Consumer Commission
Hospitals in the capital should display the cost of treatment for the patients to see and decide whether it is affordable to them, the Delhi Consumer Commission has observed.
Godrej set to hive-off medical diagnostics arm
FMCG major Godrej Industries has announced that it has signed an agreement to transfer its medical diagnostics division to ICICI Venture-backed RFCL for an undisclosed amount.
Mastek to raise $40 mn for buyouts abroad
Offshore outsourcing company and IT giant Mastek is raising $40 million in order to acquire companies with intellectual property rights in the insurance and healthcare space.
Wipro GE Healthcare expects INR 800 crore revenues from project
The Indian sales and marketing arm of GE Healthcare, the world
TCS to revamp IT infra of Cholamandalam MS
Cholamandalam MS General Insurance Co has announced a tripartite tie-up with Tata Consultancy Services and CMC Ltd to revamp its IT infrastructure.
Healthcare vouchers for the poor for high-end hospital treatment
The financially-weaker section of the society may hope to get better healthcare facilities from privately-run hospitals such as Escorts, Max and Apollo in the future. The government is planning to issue healthcare vouchers to the poor who could use it as a currency in private hospitals. Hospitals, in turn, may get full refund from either the government or accredited insurance companies.
New National Biotechnology Policy
Lauding the government’s initiative of unveiling a National Biotechnology Policy, industry experts said that it was imperative that this policy was implemented in a time bound manner and that the government ensured that it “walked the talk” if the industry had to reap the benefits of the policy.
Imported medical devices come under lens
A government committee has decided to widen the ambit of its initial mandate and find ways to control the prices of imported medical devices.
Global medical tool makers throng India
Even as a lack of clarity in regulations is preventing Indian medical device manufacturers from making their presence felt in the USD 2 billion domestic medical equipment market, foreign players, mostly from the United States, are increasingly finding the country a preferred destination.
CII calls for separate regulation of medical devices
The Government has recently introduced the Drugs and Cosmetics (Amendment) Bill, 2007 in order to facilitate setting up of a Central Drugs Authority and introduce centralized licensing for manufacture of drugs.
ECIL to soon introduce digital radiology system
ECIL has drawn up an ambitious plan to introduce the digital radiology system aimed at providing cost effective health care solutions to rural masses.
Philips, Artemis tie up for research in diagnostic devices trials
The firms plan on using advanced technologies to find cheaper ways to discover blockages in the heart, tumours
