[This article was published in the November 2007 issue of the eHEALTH Magazine (https://www.ehealthonline.org)]
Success parameters of pharma companies are typically attributed to their R&D productivity and �time-to-market� of productised innovations.
[This article was published in the November 2007 issue of the eHEALTH Magazine (https://www.ehealthonline.org)]
News Review
[This article was published in the November 2007 issue of the eHEALTH Magazine (https://www.ehealthonline.org)]
News Review
[This article was published in the November 2007 issue of the eHEALTH Magazine (https://www.ehealthonline.org)]
With an estimated 15 million visually challenged people, India is home to the largest blind population in the world. The main causes are cataracts, diabetic retinopathy, and glaucoma. Thanks to the new technology used at Aravind Eye Hospital, Theni – thousands of villagers are now able to receive timely eye care.
[This article was published in the November 2007 issue of the eHEALTH Magazine (https://www.ehealthonline.org)]
The value of going digital with patient records has become increasingly clear to one and all.
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.
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.
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.
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.
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, 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.
Indian drug maker Wockhardt recently acquired US-based speciality drugs company Morton Grove Pharmaceuticals, which has annual sales of $52 million.
Thermo Fisher Scientific Inc. , the world leader in serving science, today announced it has broken ground on a new USD 17 million facility in Ahmadabad, India, to support growing demand for biopharma services in that country.
