Singapore’s Parkway eyes 50% stake in Khubchandani (Mumbai)
Singapore’s Parkway Group, which owns one of Asia’s largest hospital chains, plans to pick up 50% stake in Mumbai-based Khubchandani Hospitals for INR 155 crore.
INDIA
Silverline Technologies to enter healthcare
Silverline Technologies has announced the launch of its healthcare sector through an investment of 15% with an option of 100% acquisition in a North American firm specializing in healthcare change and performance management.
Hiranandani hospital outsources radiology services to Wellspring
Leading drugmaker, Nicholas Piramal India has announced that its subsidiary Wellspring is partnering with Dr. L H Hiranandani Hospital. This partnership entails the complete outsourcing of the radiology department at Dr. L H Hiranandani Hospital to Wellspring.
Improved radiology products and solutions from Carestream
Carestream Health India unveiled its newest digital imaging products and solutions which help healthcare providers improve quality and operational performance, at the 61st Indian Radiology Congress. The company also announced state-of-the-art systems and services for the capture, processing, sharing, printing and storing of images for diagnostic and non-diagnostic applications.
Intel (India) develops remote health monitoring device
US microchip maker Intel is developing a technology to allow remote monitoring of a person’s health through signals from a hand held device.
GE Healthcare launches indigenous, next-gen X-ray system
GE Healthcare, the US$17 billion healthcare business of General Electric Company recently announced the launch of “Tejas XR 6000”, a next generation convertible X ray system in India.
British NHS patients soon to be treated in India
In a ground breaking move, the British government is to allow patients with non-emergency conditions to be treated in Indian hospitals under a scheme paid for by British taxpayers.
Fortis pharmacy chain to provide home nurse service
Fortis HealthWorld Ltd, the pharmacy chain of Ranbaxy Laboratories Ltd, is launching India
Fortis Healthcare may enter JV with Emaar MGF
Fortis Healthcare is exploring possibilities of a joint venture with Emaar MGF for setting up of hospitals.
GoI and World Bank group to rid health sector projects of corruption
The Government of India and the World Bank Group have joined forces to fight fraud and corruption and systemic deficiencies in India
India and France to cooperate in the health sector
Union Health Minister, Dr. Anbumani Ramadoss, currently on an official visit to France, discussed cooperation in certain fields such as Medical Research, Biotechnology, Development of vaccine, Promotion of Indian Systems of medicines and cooperation between ICMR and INSERM of France
Blogs new window to the world for Pharma industry
Pharma blogs are playing an important role in shaping the future of the pharmaceutical industry in India. Many Indian online financial portal and investment firms as well as research organisations have provided a blogging platform for the pharma industry to keep itself updated with the development in the pharma world through open and uncensored discussion.
PREMIUM PRODUCTS – Health Insurance : Ivan Chak, Head, Life Profit Centre and Accident & Health division, Tata AIG Life Insurance Company Ltd.
In the short term perspective health insurance industry is expected to grow at a rate of 25% annually till 2010, while in the long term, it is expected to grow at a rate of 5% annually thereafter.
