Cbay buys Philips
Cbay buys Philips

Healthcare BPO firm Cbay Systems has acquired nearly 70% in medical transcription firm MedQuist from Koninklijke Philips Electronics N.V for US$ 287 million.

Apollo lines up INR 1000 cr for buys in Spain, Peru
Apollo lines up INR 1000 cr for buys in Spain, Peru

Having failed to identify suitable targets in the UK, Apollo Hospitals is eyeing acquisition opportunities in other markets. The company is scouting for opportunities in Spain and Peru and eyeing tertiary level hospitals in both countries. The move will enable Apollo to gain a foothold in the European and Latin American markets.

Aravind Eye receives 2008 Gates award for global health
Aravind Eye receives 2008 Gates award for global health

In recognition of its groundbreaking work to prevent debilitating blindness and provide affordable, world-class eye care to the poor, the Aravind Eye Care System, based in Tamil Nadu, India, has won the 2008 Gates Award for Global Health. The US$ 1 million Gates Award – the world’s largest prize for international health – honors extraordinary efforts to improve health in developing countries.

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