Billionaire Mukesh Ambani’s Reliance Industries has acquired technology-driven and oncology-focused healthcare platform Karkinos for Rs 375 crore, the firm said on Saturday. Reliance Strategic Business Ventures (RSBVL), a wholly-owned subsidiary of Mumbai-listed…
Category: Medical News
Advocate spending USD 1 billion to re-invent healthcare in Chicago
A Chicago area healthcare system is spending $1 billion to re-invent healthcare on the city’s South Side in neighborhoods where there’s a 30-year life-expectancy gap when compared to the more affluent North…
UIDAI CEO Amit Agrawal named pharma secretary
The chief executive officer of Unique Identification Authority of India(UIDAI), Amit Agrawal has been appointed as the new pharmaceuticals secretary in place of the existing 1992 batch IAS officer Arunish Chawla. While,…
Indian MedTech industry set for rapid growth; new players join in to push exports
India’s medical technology (MedTech) industry is poised for rapid growth in the coming years, with several new players entering the segment to meet the rising global demand for a range of medical…
MP to create health circuit of all medical colleges, district hospitals
Chief Minister Hemant Soren said that a health circuit of all the medical colleges and hospitals and district hospitals of the state should be created so that patients can be shifted from…
HealthQuest Capital invests in Royal Health
Royal Health Inc announced the successful close of a minority investment, led by HealthQuest Capital, a leading growth capital firm focused on investing in transformative healthcare companies. Although the funding amount remains…
FDA issues alert over Olympus endoscope component
The FDA is aware that Olympus has issued a letter to affected health care providers recommending the forceps/irrigation plug accessory to certain endoscopes be removed from use related to a potentially high-risk…
NCDRC holds Fortis Hospital doctors responsible for medical negligence
The National Consumer Disputes Redressal Commission, presided by Mr. Subhash Chandra in an appeal by Fortis Hospital held that expert evidence in medical negligence cases should be judged on a case by…
India’s private hospital sector clocked single-digit growth in ARPOB in 2024
India’s private hospital sector in 2024 clocked single digit growth in average revenue per occupied bed (ARPOB), helped by improved operations and advanced medical treatment. Apollo Hospitals and Fortis Healthcare reported strong…