Alved Pharma goes to ICICI Ventures for INR 30 cr
Alved Pharma goes to ICICI Ventures for INR 30 cr

Private equity (PE) major ICICI Ventures is acquiring Chennai-based standalone pharmaceutical and
veterinary company Alved Pharma and Foods. RFCL, a wholly-owned veterinary, chemicals and medical
diagnostic company of ICICI Ventures, is learnt to have signed a definitive agreement with Alved Pharma and Foods for a complete buyout.

Akhil Systems, known to be among the oldest healthcare IT companies in India, offers solutions to a large number of hospitals as well as pharmaceutical companies in India and abroad.

Global medical tool makers throng India
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.

Fresh attempt to improve Delhi hospitals
Fresh attempt to improve Delhi hospitals

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.

AIIMS to provide air ambulance service
AIIMS to provide air ambulance service

An application by AIIMS is being processed by the ministry of civil aviation and permission has been sought to construct a helipad. The service will be available at the AIIMS trauma centre which has been operational for the past 10 months.

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