Fund managers believe that share valuations of the pharma companies are cheap, given their prolonged underperformance in the past three years leaving room for significant potential upside
Mirae Asset Healthcare Fund, will remain open for subscription from June 11 to June 25, the fund house stated
The Global Burden of Disease study, however, mentioned that India has seen improvements in healthcare access and quality since 1990.
As part of the 3.4-billion euro (USD 4.2 billion) cash deal, some 3,300 staff will move from Merck to Procter & Gamble, it said in a statement.
Net Sales are expected to increase by 15 percent Y-o-Y (up 20.3 percent Q-o-Q) to Rs. 100.9 crore, according to Edelweiss.
Net Sales are expected to increase by 18.2 percent Y-o-Y to Rs. 260 crore, according to Edelweiss.
Net Sales are expected to increase by 14 percent Y-o-Y to Rs. 1894.3 crore, according to Edelweiss.
But the hospital only relented after the family agreed to drop their complaint against it.
IT platform will be ready by end June and testing will start by July, says health secy Preeti Sudan.
IQVIA, the world’s largest contract medical research and healthcare information provider, is a North Caronlina, US-based company. It made over a dozen acquisitions in 2017.
Delivering a special address on 'Universal Health Coverage' to a gathering at NITI Aayog today, WHO Director General Tedros Adhanom Ghebreyesus said it is essential to educate people at the primary level about health and well-being.
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.