Godrej set to hive-off medical diagnostics arm
FMCG major Godrej Industries has announced that it has signed an agreement to transfer its medical diagnostics division to ICICI Venture-backed RFCL for an undisclosed amount.
Tags: Bombay Stock Exchange, ICICI Venture, Major, news
Mastek to raise $40 mn for buyouts abroad
Offshore outsourcing company and IT giant Mastek is raising $40 million in order to acquire companies with intellectual property rights in the insurance and healthcare space.
Filipino docs extend virtual helping hand to remote patients
Filipino doctors have been extending their virtual healing hands to patients based in remote areas in the country.
TCS to revamp IT infra of Cholamandalam MS
Cholamandalam MS General Insurance Co has announced a tripartite tie-up with Tata Consultancy Services and CMC Ltd to revamp its IT infrastructure.
Wipro GE Healthcare expects INR 800 crore revenues from project
The Indian sales and marketing arm of GE Healthcare, the world
Healthcare vouchers for the poor for high-end hospital treatment
The financially-weaker section of the society may hope to get better healthcare facilities from privately-run hospitals such as Escorts, Max and Apollo in the future. The government is planning to issue healthcare vouchers to the poor who could use it as a currency in private hospitals. Hospitals, in turn, may get full refund from either the government or accredited insurance companies.
New National Biotechnology Policy
Lauding the government’s initiative of unveiling a National Biotechnology Policy, industry experts said that it was imperative that this policy was implemented in a time bound manner and that the government ensured that it “walked the talk” if the industry had to reap the benefits of the policy.
Imported medical devices come under lens
A government committee has decided to widen the ambit of its initial mandate and find ways to control the prices of imported medical devices.
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.
ECIL to soon introduce digital radiology system
ECIL has drawn up an ambitious plan to introduce the digital radiology system aimed at providing cost effective health care solutions to rural masses.
CII calls for separate regulation of medical devices
The Government has recently introduced the Drugs and Cosmetics (Amendment) Bill, 2007 in order to facilitate setting up of a Central Drugs Authority and introduce centralized licensing for manufacture of drugs.
Philips, Artemis tie up for research in diagnostic devices trials
The firms plan on using advanced technologies to find cheaper ways to discover blockages in the heart, tumours
Leading Lankan hospital group collaborates with Manipal Health Systems
A leading private hospital group here has tied up with a premier Indian healthcare provider to facilitate state-of-the-art medical services in the Island nation.
