NEWS REVIEW – BUSINESS
[This article was published in the December 2007 issue of the eHEALTH Magazine (https://www.ehealthonline.org)]
News Review
Tags: Australia, bangalore, Business Intelligence, Business Partnership, Business/Finance, cellular telephone, chennai, chronic diseases, Cisco Systems Netherlands Holdings B.V., Company Expansion, delhi, Disease, Funding, Goa, health, Health Insurance, Health/Medical/Pharmaceuticals, healthcare, Healthcare in India, healthcare outcomes, healthcare providers, healthcare segment, healthcare services, Hyderabad, IBA Health Group, India, INR, insurance, insurance firms, insurance providers, insurance sector, Integrated Health Solutions, INTERNATIONAL BUSINESS MACHINES CORPORATION, iSoft, iSOFT Group Limited, Ivy Hospital, Jaipur, Kamyani Hospital, M&A, Mahindra Satyam, manufacturing, manufacturing facilities, MARKETRX INC, medical diagnostic, medical insurance, medical technology, medical technology park, National Association of County and City Health Officials, New Delhi, NEWS REVIEW, Omega Holdings Ltd, owned subsidiary, patient health record product, PFIZER INC., Quest Diagnostics Inc., Quest Diagnostics India Private Limited, Retelit SpA, RG Stone Urological Research Institute, Rs, S K Soni Hospital, Saguna Hospital, technology park project, technology partners, Trivitron Medical Systems Pvt. Ltd., U.S.-India Business Council, United States, USD, Velu, Venture capital
NoemaLife launches Galileo e-health platform
NoemaLife has launched a new eHealth application platform called Galileo, designed to help exchange information and share resources across the healthcare industry.
More join national initiative to develop rules on electronic insurance verification, claims status
CAQH announced today that 12 of the nation’s premier healthcare organizations have joined its Committee on Operating Rules for Information Exchange, CORE, the healthcare industry’s leading initiative to simplify electronic patient administrative data exchange.
Citi Venture Capital picks up 30% in Unimark
US-based private equity fund Citi Venture Capital (CVC) has picked up nearly 30% stake in Mumbai-based bulk drug maker Unimark Remedies for INR 113 crore. The transaction, one of the largest investments in the pharma sector in 2007 and CVC
Health Ministry indicted for lapses in medical equipment procuring norms
The Comptroller and Auditor-General of India (CAG) has indicted the Union Health Ministry for
Norway grants World Bank USD 150 million for health care in poor countries
Norway on November 28, 2007 announced USD 105 million in grant funding for the World Bank to explore innovative ways to improve health-care systems in developing countries, especially for women and babies.
NPIL, Merck in research deal for cancer drugs
Nicholas Piramal (NPIL) has reportedly signed a research deal potentially worth a maximum revenue of USD 350 million with US pharmaceutical giant Merck & Co to carry out early discovery and development of two new cancer drugs, the two companies said on Monday.
Ranbaxy may dilute 60% in new R&D unit
Ranbaxy Laboratories may dilute up to 60% stake in its new research company, which will be formed by hiving off its R&D unit into a separate entity in 2008.
Max New York Life to invest USD 609 million in India
While launching a unit-linked pension plan, Max New York Life Insurance disclosed plans to invest INR 24 billion (USD 609 million) in the country over the next four years.
Sops for pharma cos might extend to 2015
Drug makers can hope for tax sops for research activities to continue till 2015. Thus, consumers can hope for some reduction in the prices of drugs across the board and particularly in the case of cancer and HIV/AIDs drugs soon.
Cerner to provide Laboratory Information System to VA
Cerner Corp., a leading provider of healthcare information technology, recently signed a nine year agreement with the United States Department of Veterans Affairs (VA), to install their Millennium
India needs to add 1.4 mn doctors by 2017 to meet BRIC standards
The Indian healthcare industry will need to add 1.4 million doctors and over 3 million nurses by 2017 if the country has to meet even the healthcare standards of other BRIC countries, a report by research firm Technopak and industry body CII said.
