BridgeForward launches European interface engine
BridgeForward Software has launched a new interface engine called Edge4, designed especially for the European market.
IBA Health completes acquisition of iSOFT plc
IBA Health Limited, Australia’s largest stock exchange listed information technology company announced that IBA Health’s acquisition of iSOFT has now become effective after the final sanction by the High Court of Justice for England and Wales. The unification of these two health-focused organisations will create one of the world’s largest healthcare IT providers.
New device launched in France to screen breast cancer is time efficient
Anoto Digital Pen & Paper technology has helped reduce waiting lists for breast cancer screening in France by significantly shortening the time it takes to analyse mammograms.
First health institute in Nagaland (India) inaugurated
Nagaland Governor K. Sankaranarayanan congratulated the government and the people at the inaugural function of the Christian Institute of Health Sciences & Research (CISHR) recently.
Trivitron to set up INR 2.5 billion medical tech park
Chennai-based medical technology company Trivitron Medical Systems Pvt. Ltd. will get a funding of USD 11 million (INR 433 million) from ePlanet, a venture capital and private equity firm and wholly owned subsidiary of the HSBC Asian Ventures Fund 2 Ltd.
FICCI’s new initiative: Medical Electronics Forum
Responding to the requirements of the medical electronics industry and to create awareness about the opportunities as the next growth area after IT sector, Federation of Indian Chambers of Commerce and Industry launched the “FICCI Medical Electronics Forum” (FICCI-MEF) on October 23, 2007 at FICCI New Delhi.
Wockhardt Hospitals to enter Delhi
The Wockhardt Hospitals group is foraying into Delhi. Its 250 bed facility in Delhi will be operational by 2009.
ADB provides $400 million to expand health, education services for Indonesia’s poorest
The Asian Development Bank (ADB) has approved a US$400 million financial assistance package for Indonesia to improve education and healthcare services in the country’s poorest families.
Keane inks two health care deals
Keane Inc., a formerly public (USD 1 billion-plus) software firm has won a $1.4 million, three-year deal with Parkway Hospital in Queens, New York, for a patient-management software product. That deal came the day after Keane announced a similar USD 1.2 million contract with Century City Doctors Hospital in Los Angeles.
Accentia Tech acquires 3 US BPOs for INR 800 million
Mumbai-Based business process outsourcing company Accentia Technologies has reportedly acquired three US-based healthcare BPO companies for about INR 800 million, sources close to the deal said.
2% of GDP of India to be spent on health
Stressing the need for better healthcare facilities in rural India, Planning Commission deputy chairman Montek Singh Ahluwalia has said the country will spend two per cent of its GDP on health in the 11th Five Year Plan (2007-12).
Private Equity investments in pharma touch $400 m
Private Equity (PE) investments in the domestic healthcare and pharma industry have touched around $400 million during the first nine months of the year. This trend is set to accelerate as companies go for overseas acquisitions, hive off their R&D units, and Foreign Currency Convertible Bonds (FCCB) lose their sheen.
Omega Healthcare to invest USD 14 million and expand in India
Omega Healthcare, provider of healthcare BPO and KPO services, has announced growth plans for its Indian operations over the next 18-24 months. The Company plans to invest over $14 million to expand its Bangalore and Chennai facilities and will more than double its employee base to 3,000.
