Ahmedabad-based Cadila Pharmaceuticals on Saturday said it is expecting a revenue of INR 100 crore from the sale of its patented combination drug, Policap, which it expects to launch by the middle of next month.
New York-based private equity (PE) firm GTI Group is setting up a wholly-owned subsidiary, India Management Company, to invest INR 250 crore into Indian healthcare sector.
Corporate healthcare pioneer Apollo Hospitals has invested INR 75 crore on setting up a speciality cancer hospital in the heart of the city.
Lack of organised funding, like private equity and venture capital, has prompted doctors to increasingly come together to begin hospitals in tier-II and-III cities.
Star Health and Allied Insurance, a standalone health insurance firm, is banking on retail spend on insurance to drive up its premium income, at a time when companies are trimming health insurance covers to cut costs.
[This article was published in the February 2009 issue of the eHEALTH Magazine (https://www.ehealthonline.org)]
TCG Lifesciences has been conferred excellence award by Institute of Economic Studies
Fortis Healthcare and Apollo Hospitals Enterprise are buying existing their presence in the world’s second most populous nation, where at least 70 percent citizens do not have access to medicine. According to some official sources, Fortis may sign at least four strategic deals including signing management contract with one hospital and acquisition of some hospitals plots.
Celestial Biologicals Limited (CBL), an associated company of Intas Biopharmaceuticals Limited, and GE Healthcare, the USD 17 billion healthcare business of General Electric Company, announced recently a collaboration to set up India’s first Good Manufacturing Practice (GMP) compliant Plasma Fractionation facility in Ahmedabad.
GE Healthcare is planning to acquire and provide seed capital to Indian medical device and diagnostic companies.
The utive board and general board of GCS, which runs the Cancer hospital, recently approved an ambitious plan to to convert the hospital into a super speciality cancer care and research institute that will provide treatment at par with international standards.
[This article was published in the January 2009 issue of the eHEALTH Magazine (https://www.ehealthonline.org)]
Improving health conditions in rural areas has always been the biggest challenge in India. eHealth tries to find out how the National Rural Health Mission (NRHM) would impact rural health care in India.
Electronic Corporation of India Limited (ECIL) and 21st Century Health Management Solutions have signed an MoU to jointly set up a Centre of Excellence (CoE) for Healthcare ICT and Medical Electronic Solutions to address the very large healthcare projects in the government sector in India.
Fortis Healthcare, which operates a chain of hospitals across India, is seeking to buy a minority stake in Manipal Hospitals and Wockhardt.
