Researchers from the University of Georgia and Augusta University in the US created a treatment called AB126 using extracellular vesicles (EV), fluid-filled structures known as exosomes, which are generated from human neural stem cells.
The budget also announced the set-up of 24 new Government Medical Colleges and Hospitals along with an upgrade to existing district hospitals in the country.
In the budget, Jaitley had announced a mega healthcare plan to provide 10-crore poor families with insurance cover against hospitalisation that will cost up to Rs 12,000 crore annually.
Fortis Healthcare also said the financial results for the second and third quarters of the ongoing fiscal could not be tabled before the Board at the meeting
The finance minister said that he will be able meet the funding requirement through the 1 percent increase in education cess on income tax and the newly re-imposed long term capital gains tax.
The Johannesburg-based company is working with Barclays to explore potential interest in its holding in Max Healthcare, one of India’s largest private hospital chains.
ICICI has come out with its sector report on Healthcare dated January 04, 2018. Healthcare companies under our coverage to report recovery in revenue growth for the quarter ended Dec'17
The company had earlier received USD 42.5 million from OrbiMed Asia in September 2017, Vivimed Labs said in a BSE filing.
The panel will also recommend measures for norms to be followed in medical investigation and suggest behavioural protocols.
The report prepared by Assocham and research firm RNCOS said the value of the sector in 2016 stood at USD 110 billon and will see a compounded annual growth rate (CAGR) of 22 per cent.
Several global companies, including GlaxoSmithKline and Reckitt Benckiser, have expressed interest in bidding for the unit, which had sales of about $3.4 billion in 2016.
According to Mercom Capital Group, healthcare IT/digital health companies raised USD 5.5 billion in 586 deals from global VCs in the January-September period of 2017 against USD 4.2 billion from 463 deals in the same period of last year.
Since its inception in 2007, VPS has grown into one of the UAE's premier integrated healthcare groups and currently owns 22 hospitals under 13 brands, over 125 medical centres and employs 13,000, including over 1,800 doctors
Vivimed Labs Mascarene Ltd is the holding entity of the company's API (active pharmaceutical ingredient) business -- UQUIFA. In 2011, Hyderabad-based Vivimed Labs had acquired UQUIFA for USD 55 million.
Sanofi India's Consumer Healthcare Business Unit has a strong presence in four segments, namely pain-care, digestive health, allergy solutions, and vitamins, minerals and supplements
A bulletin issued by the Health Department said seven patients infected by H1N1 virus died in the last 24 hours, while 197 new cases of swine flu were detected.
Charges on tests such as blood tests, X-rays, ultrasound scans will be free of cost henceforth, according to a report in Hindustan Times.
Investors have been wondering about Siemens' plans for Healthineers, valued at up to 40 billion euros ($47 billion), since Chief Executive Joe Kaeser announced last November he planned some kind of listing but gave no details.
Breeding of mosquitoes has been reported at 58,753 households in Delhi, according to the report.
In a country where few have access to proper medical care, the last thing that the hospital sector would have liked is a blow from GST.
“If the government doesn’t reconsider its decision on E-portal proposal, we may have to go for an indefinite strike,” said JS Shinde, president of AIOCD.
At the moment healthcare is part of the negative list which keeps its free of any service tax levy.
In indemnity based insurance plans, an individual can visit their choice of healthcare provider to avail treatment. The insurer pays a fixed sum as a lump sum amount for this, which is also referred to as reimbursement.
On a quarter-on-quarter basis, VC funding, including private equity and corporate venture capital, almost doubled to USD 1.6 billion in January-March 2017 from USD 845 million in the fourth quarter of 2016.