Healthcare – Feedback


Everstone Capital-backed Ascent Health and Wellness has racked up multiple acquisitions across the country as the Mumbai-based company pushes deeper into the pharmaceutical distribution space. Four-year-old company is targeting more buyouts by the end of the current fiscal. Founded by IIM Ahmedabad alum Siddharth Shah, Carnegie Mellon graduate Hardik Dedhia and Narsee Monjee Institute of […]

Merck foundation partners with India to build healthcare capacity in Africa Merck Foundation, a non-profit company established in June 2017 at the Fourth edition of their annual “Merck Africa Asia Luminary” held in Cairo, Egypt. For the first time Merck foundation brings Asia and Africa together in their annual conference, with the aim to explore […]

Fortis Healthcare board has approved the proposed acquisition of entire portfolio of Singapore-listed RHT Health Trust (RHT) for an enterprise value of around Rs 4,650 crore, the company said today. Step is part of a restructuring initiative aimed at consolidating the entire Indian asset portfolio comprising various clinical establishments and two operating hospitals of RHT […]

Dr.Reddy’s Laboratories Ltd has launched the USA Food & Drug Administration (FDA) approved clofarabine injection, a therapeutic equivalent generic version of Clolar (clofarabine) injection in the USA market. Clolar brand and generic had US sales of approximately $53 million MAT for the most recent twelve months ended in September 2017, according to IMS Health.Dr Reddy’s […]

GVK BIO, leading Contract Research & Development (R&D) Organization that services the global biopharma industry, known for its customer focus , has completed 10 years of research and development collaboration with Denmark-based Nuevolution. Over last 10 years, GVK BIO and Nuevolution have collaborated on projects that pan across integrated discovery and development. The collaboration journey […]

Biocon’s contract research arm Syngene International has expanded its ongoing drug discovery and development with US-based Bristol-Myers Squibb till 2026. Company today said the expanded scope of partnership also includes addition of a new facility and ramping up the team of scientists working for it.“Next phase of the partnership will see the addition of a […]

OmniActive Health Technologies, a leading nutraceutical company, is looking at more strategic acquisitions in domestic and foreign markets and has drawn up capital expenditure plans of around Rs 150 crore in the next three years. Building on an M&A (mergers and acquisitions) strategy to grow inorganically, the company has recently acquired leading health and nutrition […]

With a strategic view to tap the foreign tourist inflow in Bihar for medical tourism purpose, the UK Asian Business Council (UKABC) conducted an event on behalf of Paras Healthcare to take tourism in Bihar to a higher level and highlighted the need for state government and Paras to work together to make that happen. […]

Ahead of the World Diabetes Day which falls on Children’s Day, India’s first pediatric super speciality hospital, Rainbow Children’s Hospital announced the launch of the first-of-its-kind Pediatric and Adolescent Diabetes clinic in its Marathahalli centre, Bangalore. In the wake of an increase in number of diabetes cases reported in children and adolescents in the country, […]

CK Birla Group, a diversified business conglomerate with a 150-year-old legacy, launched the CK Birla Hospital for Women in Gurugram, Haryana. This new venture under the Group is aimed at creating a healthcare system for women in India, which has a professional and transparent approach and lays emphasis on providing world-class service with warmth, responsiveness […]