The government plans to launch special drug stores that will sell generic medicines as part of its efforts to provide affordable medicines to poorer sections of the society. The idea to provide cheaper but good-quality medicines to less privileged is in line with the UPA
Fortis Healthworld has acquired CRS Health, a Delhi-based pharma and wellness retail chain. It is also planning to rebrand itself and the pharma chains it acquires in future as Religare Wellness.
A consortium of real estate developer Indu Projects, US-based healthcare major John Hopkins and Hyderabad-based CARE Hospital is setting up a 2,000-bed health city in Nagpur. The consortium will invest around INR 750 crore in the project through a combination of debt and equity.
Healthcare services provider Kerela Institute of Medical Sciences is looking to acquire two hospitals in South India and has earmarked a budget of INR 300 crore for the purpose.
Cornered by a shortage of doctors and medical specialists in the country, the Centre plans to start colleges attached to hospitals run by the Employees’ State Insurance Corporation (ESIC).
Quicker access to cardiologists, neurologists or radiologists even in remote places in Karnataka is now a possibility, thanks to advances in telecommunication. Cardiac emergencies like thrombosis are now being attended to by trained doctors at the Chamarajanagar district hospital and at 19 public health centres (PHCs) under the Karuna Trust.
An ICICI Venture associate fund and a Singapore-based private equity (PE) player are in talks to invest INR 300 crore in Kerala Institute of Medical Sciences (KIMS).
Though the Calcutta Medical College and Hospital (CMCH) will soon be upgraded to the status of All India Institute of Medical Sciences (AIIMS), it will still lack modern treatment facilities for patients suffering from cancer.
Medical service provider Fortis Health Care plans to set up an institute, which will also house a cancer research hospital, in Punjab at an initial investment of INR 100 crore.
Piramal Healthcare is set to clinch yet another in-licensing deal. The company has concluded a marketing deal with US-based firm BioElectronics to market the latter
Multi-speciality healthcare provider Global Hospitals Group will soon launch a hospital with 500 beds in Chennai.
Gearing up to meet high standards of safety in blood transfusion, the Government has approved providing the four major metros with blood banks, which would also be centres of excellence for transfusion medicine.
