Nova Medical Centers has acquired Helios Hospitals in Velachery, Tamil Nadu.Also, the company has begun work at Alwarpet to set up a superspecialty short-stay surgical facility by June 2012. In addition, Nova has commissioned a multi-specialty pol... >> more

MonaVie, one of the fastest growing companies in health and wellness solutions, would launch its products in India by May and plans to set up a manufacturing facility in South India, a top official said on Saturday. Making its foray in India with ... >> more

Dubai-based DM Healthcare, which has presence across West Asia and India, has opened a multi-speciality hospital in Kolhapur in Maharashtra. The Aster-Aadhar Hospital, a joint venture between DM Healthcare and Aadhar Hospital, is a 175-bed facilit... >> more

The Hyderabad-based Global Hospitals Group is planning to invest over Rs 500 crore during 2012 to expand its hospital network as well upgrade existing hospitals with super-speciality cancer care centers. The group is in the process of equipping it... >> more

South Africa-based Life Healthcare today said it has signed agreements with Max Healthcare Institute Ltd (MHIL) and Max India Ltd to acquire 26 per cent stake in MHIL. The agreements are for the subscription of 26 per cent of the post-issue share ... >> more

A leading urology and laparoscopy hospital chain on Thursday announced to invest Rs 120 crore in Uttar Pradesh in the next two years. RG Stone Urology & Laparoscopy Hospital plans to set up 12-15 hospitals in the state with each having 40-45 b... >> more

Apollo Pharmacy, the retail pharmacy chain under Apollo Hospitals Enterprise Ltd, is looking at growing its private label business by expanding its portfolio with around 35 more health and wellness products soon. The company also plans to add gene... >> more

A European healthcare chain is close to acquiring a 15% strategic stake in day-care hospital chain Nova Medical's In Vitro Fertilisation (IVF) subsidiary, a top company executive said. A memorandum of understanding has been signed with the prospec... >> more

Small specialty hospitals and centres are acquiring latest equipment and technology, investing a significant portion of their annual sales in a single machine to specialise in their niche areas in order to attract high-end customers from corporate... >> more

Irish medical device-maker Covidien is looking to acquire local companies as part of its expansion plans in India. The $11 billion company is also investing in setting of clinical training institutes and acquiring manufacturing capabilities in the... >> more