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GE Healthcare to acquire PAA Laboratories Aug 17, 2011GE Healthcare to acquire PAA Laboratories
GE Healthcare today said it has reached an agreement to acquire PAA Laboratories that develops and supplies cell culture media for biomedical research.

"The acquisition of PAA Laboratories will allow GE Healthcare to expand its offering of pro... >> more
Metropolis plans greenfield lab in Hyd Aug 17, 2011Metropolis plans greenfield lab in Hyd
Diagnostic chain Metropolis Healthcare is planning to open a greenfield laboratory in Hyderabad with an investment of Rs 75 lakh.The lab, spread across 1,800 sft area, will conduct over 100 diversified tests, including hormones, vitamins and tumour m... >> more
Trivitron Healthcare to invest Rs 100 crore this year Aug 16, 2011Trivitron Healthcare to invest Rs 100 crore this year
Medical-equipment maker Trivitron Healthcare plans to invest Rs 100 crore this year in expanding manufacturing capacity and acquisitions, as it looks to step up indigenous production. The company, which received finance from a couple of private-equit... >> more
Birla Pacific Medspa to open 55 Evolve centres over 3 years Aug 16, 2011Birla Pacific Medspa to open 55 Evolve centres over 3 years
Healthcare services firm Birla Pacific Medspa today said it plans to open 55 Medspa centres under the ‘Evolve’ brand across India over the next three years at a cumulative investment of Rs 55 crore. “The company will invest Rs 55 crore in setting up ... >> more
Matrix Partners invests Rs 45 cr in Kids Clinic Aug 12, 2011Matrix Partners invests Rs 45 cr in Kids Clinic
Investment firm Matrix Partners India has invested Rs 45 crore in Kids Clinic India Private Ltd, provider of maternity and infant care under the brand ‘Cloudnine'. This is Cloudnine's first round of external funding, and the company will utilise the ... >> more
Piramal Healthcare plans Rs 6,500 crore investment over next 5 years Aug 11, 2011Piramal Healthcare plans Rs 6,500 crore investment over next 5 years
Piramal Healthcare plans to invest 6,500 crore in its contract manufacturing and research, over the counter (OTC) and critical care businesses over the next five years as it seeks to achieve global leadership in these areas, a top company executive s... >> more
Matrix invests Rs 45 cr in neo-natal hospital Aug 11, 2011Matrix invests Rs 45 cr in neo-natal hospital
Matrix Partners, the US-based private equity firm with $3 billion under management, on Wednesday announced that it has invested Rs 45 crore through its India investment arm in Kids Clinic India Private Limited, a Bangalore-based provider of maternity... >> more
Panasonic plans to enter healthcare sector in India Aug 10, 2011Panasonic plans to enter healthcare sector in India
Japan's largest electronics maker Panasonic plans to launch ECG machines, blood bank refrigerator, diabetes detector, solar cell, rechargeable batteries and security camera in India and is in talks with local IT companies to develop software for such... >> more
Indian medical industry to be worth Rs 10,800 crore by 2015 Aug 8, 2011Indian medical industry to be worth Rs 10,800 crore by 2015
India's world-class medical technology coupled with a skilled medical workforce will ensure that the Indian medical tourism industry is worth Rs.10,800 crore ($108 billion) and that the number of foreign patients visiting the country crosses 32 lakh ... >> more
Fortis to open six new hospitals Aug 2, 2011Fortis to open six new hospitals
Fortis Healthcare (India) Ltd on Monday unveiled its plan to launch six new hospitals in Southern and Western India. The addition of these six new projects will increase Fortis' bed capacity by 1,400 beds to 9,700 beds.

With these additions, F... >> more
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