Moneycontrol PRO
HomeAuthorViswanath pilla News

Viswanath Pilla

Senior Assistant Editor

Moneycontrol News

Bayer goes big on prenatal nutrition, eyes bigger share of India’s consumer health pie

BUSINESS

Bayer goes big on prenatal nutrition, eyes bigger share of India’s consumer health pie

While leveraging enduring appeal of legacy brands such as Saridon and Supradyn, Bayer is also aggressively pushing into India’s Rs 40,000–45,000 crore consumer health market

Hospitals versus health insurers: Why patients are paying the price

BUSINESS

Hospitals versus health insurers: Why patients are paying the price

Star Health alone logged 13,300 complaints in FY24, over 10,000 of which were claim-related

Dr Reddy’s launches novel acid blocker Tegoprazan in India to tap $1 billion market

BUSINESS

Dr Reddy’s launches novel acid blocker Tegoprazan in India to tap $1 billion market

The rollout follows Dr. Reddy’s exclusive licensing deal with South Korea’s HK inno.N Corp. in 2022 to commercialize Tegoprazan in India and select emerging markets.

India revokes Novartis' patent for blockbuster heart drug

BUSINESS

India revokes Novartis' patent for blockbuster heart drug

Vymada is widely prescribed for hypertension and heart failure. For Novartis, the drug is a major revenue driver, generating $7.8 billion in global sales last year

Brooks Labs looks to exit carbapenem JV, OneSource may buy stake

BUSINESS

Brooks Labs looks to exit carbapenem JV, OneSource may buy stake

This move could provide a significant cash infusion for Brooks, which holds a 49% stake in the joint venture with Steriscience Specialties Pvt. Ltd.

No mandatory relabelling of pre-revised GST stock, NPPA offers ease of compliance to industry

BUSINESS

No mandatory relabelling of pre-revised GST stock, NPPA offers ease of compliance to industry

The National Pharmaceutical Pricing Authority (NPPA) clarified that companies can continue selling pre-GST stock without re-stickering, provided they ensure price compliance at the retail level through revised price lists and public communication.

Apollo Hospitals to acquire IFC stake in AHLL for Rs 1,254 crore; announces Rs 573 crore oncology investment in Gurugram

BUSINESS

Apollo Hospitals to acquire IFC stake in AHLL for Rs 1,254 crore; announces Rs 573 crore oncology investment in Gurugram

AHLL consists primary care and diagnostics, birthing & women’s Health (Apollo Cradle), ambulatory care centers, dialysis & dental networks.

Genomics major lllumina bets on India to power affordable innovation amid global headwinds

BUSINESS

Genomics major lllumina bets on India to power affordable innovation amid global headwinds

"India is not just a cost center—it’s becoming a core innovation engine for us," said Ankur Dhingra, Chief Financial Officer of Illumina told Moneycontrol.

Dr. Reddy's acquires J&J's Stugeron brand for $50.5 million

BUSINESS

Dr. Reddy's acquires J&J's Stugeron brand for $50.5 million

The acquisition is a strategic move to strengthen Dr. Reddy's Central Nervous System (CNS) portfolio and expand into the anti-vertigo segment.

GST rate cut to spur broader access and market growth of Indian pharma market

BUSINESS

GST rate cut to spur broader access and market growth of Indian pharma market

The sector, which recorded an 8.7% value growth in August 2025, is now bracing for a broader transformation in pricing, access, and patient volumes.

Eye care chain ASG Hospitals accelerates expansion with IPO plans, eyes 700+ centres across India

BUSINESS

Eye care chain ASG Hospitals accelerates expansion with IPO plans, eyes 700+ centres across India

The company is also preparing for a potential IPO within 18–24 months, as it consolidates its position in tier-2 and tier-3 cities and deepens its footprint in underserved districts.

GSK working on affordable vaccines for neglected diseases, partnership with India key: Jamila Louahed

BUSINESS

GSK working on affordable vaccines for neglected diseases, partnership with India key: Jamila Louahed

Jamila Louahed - VP, Head Global R&D for Therapeutic Vaccines and Belgium R&D Site Head for GSK outlined how the pharma major's innovations are being deployed to tackle diseases like malaria, typhoid, tuberculosis, and Shigella.

Somerset Indus Capital Partners nears $250 million close for 3rd healthcare fund

BUSINESS

Somerset Indus Capital Partners nears $250 million close for 3rd healthcare fund

The fund, which focuses on expanding healthcare access to underserved tier 2 and 3 cities, has drawn commitments from a diverse mix of institutional investors

Delhi chemists want 3-month window to clear pharma stock after GST cut

BUSINESS

Delhi chemists want 3-month window to clear pharma stock after GST cut

The Retail Distribution Chemist Alliance has sought immediate relief after GST on medicines was reduced to 5% from 12%, creating an inventory crisis for pharmacies holding stock purchased at the higher rate

Zydus Life arm reports positive phase-3 trial results in rare liver disease, eyes USFDA nod in 2026

BUSINESS

Zydus Life arm reports positive phase-3 trial results in rare liver disease, eyes USFDA nod in 2026

The Ahmedabad-based drugmaker plans to file for USFDA approval in the first quarter of 2026, targeting a market projected to reach $10.8 billion by 2026, growing at a CAGR of 36.3%.

AHPI asks insurers to resume cashless services, ready to review its advisory

BUSINESS

AHPI asks insurers to resume cashless services, ready to review its advisory

"In view of the discussions today, AHPI urged the insurers that they must immediately restore cashless services at its member hospitals, as the disruption is placing an unfair financial and emotional burden on patients," the association said in a statemen

Delhi nursing home body alleges 'cartelization' of private insurers, seeks inflation-linked hospital tariffs

BUSINESS

Delhi nursing home body alleges 'cartelization' of private insurers, seeks inflation-linked hospital tariffs

The Delhi Medical Association Nursing Home Forum (DMANHF) on Thursday filed a formal complaint with the Insurance Regulatory and Development Authority of India (IRDAI), alleging cartel-like behaviour by private insurers acting through the General Insurance Council (GIC).

Oncology emerges as top revenue and profitability driver for India’s leading hospital chains

BUSINESS

Oncology emerges as top revenue and profitability driver for India’s leading hospital chains

Once a niche segment, cancer care is now central to the strategic plans of Max Healthcare, Apollo Hospitals, and Fortis Healthcare, among others, driven by rising incidence, improved diagnostics, and high-complexity treatments that command premium pricing.

AiMeD warns blanket GST rejig could hurt domestic MedTech, calls for balanced tax structure

BUSINESS

AiMeD warns blanket GST rejig could hurt domestic MedTech, calls for balanced tax structure

The Association of Indian Medical Device Industry (AiMeD) said that while reducing GST to 5% on high-value equipment like electronics and implants could improve affordability and market reach, applying the same rate to low-margin consumables such as syringes, catheters, and IV sets would worsen the inverted duty structure—where inputs are taxed at 18% and outputs at 5% or 12% leading to margin compression and supply risks.

GSK re-enters India’s oncology market with Jemperli and Zejula, unveils tiered pricing and patient support program

BUSINESS

GSK re-enters India’s oncology market with Jemperli and Zejula, unveils tiered pricing and patient support program

Bhushan Akshikar, Managing Director of GSK India, said the company is committed to making these therapies accessible through a tiered pricing strategy and a comprehensive patient support program branded Phoenix.

Apollo Hospitals MD Suneeta Reddy sells 1.3% stake to cut debt

BUSINESS

Apollo Hospitals MD Suneeta Reddy sells 1.3% stake to cut debt

MD Suneeta Reddy has sold a 1.3 percent stake in the company through a block deal, raising approximately Rs 1,489 crore

Abbott launches next gen CGM device FreeStyle Libre 2 Plus in India

BUSINESS

Abbott launches next gen CGM device FreeStyle Libre 2 Plus in India

The new sensor transmits glucose data directly to a smartphone without requiring manual scans, and can be worn for up to 15 days.

Medical devices firm Biorad Medisys open to strategic investors to fund expansion and R&D push

BUSINESS

Medical devices firm Biorad Medisys open to strategic investors to fund expansion and R&D push

Pune-based Biorad Medisys last year raised Rs 350 crore through optionally convertible debentures (OCDs) from Kotak Strategic Situations India Fund II for repaying previous debt, fund capex and expand footprint in both domestic and international markets.

Fortis Healthcare expands UP footprint with 550-bed hospital in Lucknow

BUSINESS

Fortis Healthcare expands UP footprint with 550-bed hospital in Lucknow

The facility, to be built near Gomti Nagar by the Ekana Group, will be positioned as a Centre of Excellence for tertiary care services.

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347