Tag: healthcare investment

  • DarioHealth confirms private placement of shares

    DarioHealth confirms private placement of shares

    DarioHealth Corp. announced a private placement for the purchase and sale of 2,713,180 shares of common stock (or common stock equivalents in lieu thereof) at a price of $6.45 per share for expected aggregate gross proceeds of approximately $17.5 million, before deducting offering expenses.

    The closing of the offering is expected to occur on or about September 23, 2025, subject to the satisfaction of customary closing conditions. The Company intends to use the net proceeds from the offering for general corporate purposes.

    The offering is being made in reliance on an exemption from the registration requirement under Section 4(a)(2) of the Securities Act of 1933, as amended (the “Securities Act”), and/or Regulation D promulgated thereunder, and applicable state securities laws. Accordingly, the securities offered in the private placement may not be offered or sold in the United States except pursuant to an effective registration statement or an applicable exemption from the registration requirement of the Securities Act and such applicable state securities laws. The Company has agreed to file a registration statement with the Securities and Exchange Commission (the “SEC”) registering the resale of the shares of common stock sold in the private placement.

    This press release shall not constitute an offer to sell or a solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or other jurisdiction.
    The NewsBit Bureau

  • Medical Tourism market set to reach USD 115.71B

    Medical Tourism market set to reach USD 115.71B

    Medical tourism market size was valued at USD 25.51 billion in 2024 and the total medical tourism revenue is expected to grow at a CAGR of 20.8% from 2025 to 2032, reaching nearly USD 115.71 billion.

    Medical tourism market overview:
    The medical tourism market has become one of the fastest-growing segments in the global healthcare industry, fueled by patients traveling across borders in search of cost-effective and quality medical care. Countries with advanced hospital infrastructure and internationally trained doctors are emerging as preferred destinations for a wide range of treatments, from cosmetic and dental procedures to orthopedic and cardiac surgeries. Accessibility through better air connectivity and the rising availability of internationally accredited hospitals are key contributors. The combination of high medical standards, shorter waiting times, and the opportunity to combine healthcare with travel experiences continues to attract global patients.

    Medical tourism market outlook and future trends:
    The outlook for medical tourism is highly positive, with increasing global awareness of affordable healthcare options abroad. Future trends indicate a significant shift toward digital health adoption, including teleconsultations for pre- and post-treatment engagement, AI-assisted diagnostics, and blockchain-based health record management. Wellness-oriented tourism that integrates modern medical treatments with holistic healing, such as Ayurveda, meditation, and spa therapies, is also on the rise. Governments across various countries are actively promoting healthcare tourism by offering streamlined visa processes and tax incentives. These developments are expected to position medical tourism as a mainstream choice for global patients in the coming years.

    Medical tourism market dynamics:
    The market dynamics of medical tourism are shaped by both strong drivers and existing challenges. Key growth drivers include substantial cost savings compared to developed nations, faster access to complex medical procedures, and high-quality healthcare facilities in emerging economies. On the other hand, challenges include concerns about treatment standardization, cultural and language barriers, and issues surrounding continuity of care after returning home. Despite these hurdles, growing trust in internationally accredited hospitals and increasing collaboration between healthcare providers and tourism agencies are strengthening the industry. These dynamics are helping medical tourism evolve into a structured and reliable global healthcare service.

    Medical tourism market key recent developments:
    In recent years, the medical tourism market has experienced notable developments that enhance accessibility and trust among international patients. Many countries, including India, Thailand, Turkey, and Mexico, have expanded specialized healthcare hubs, combining world-class medical facilities with hospitality services to provide a seamless experience. Digital transformation is playing a critical role, with online booking portals, AI-powered platforms, and mobile apps simplifying the patient journey. Moreover, hospitals are increasingly securing international accreditations to meet global standards and attract more patients. Strategic partnerships between hospitals, airlines, and travel facilitators are also reshaping the market, creating integrated solutions for medical travelers worldwide. Maximize Market Research

  • India hosts just 4% of Global Clinical Trials

    India hosts just 4% of Global Clinical Trials

    India accounts for 17% of the world’s population and 20% of the global disease burden, yet fewer than four percent of international clinical trials are conducted in the country.

    This gap means Indian patients often wait years after global approvals to access breakthrough therapies.

    Now, a new initiative, aligning it with Central Drugs Standard Control Organisations (CDSCO) priorities to boost participation of government sites in Phase 3 and 4 trials, has trained nearly 400 professionals, including investigators, ethics committee members and support staff to meet the global Good Clinical Practice (GCP) standards.

    The initiative is aimed at strengthening India’s role in global clinical research and facilitating faster patient access to breakthrough therapies.

    Launched by Roche Pharma India, the company on Saturday announced the successful completion of its first phase of the Advanced Inclusive Research (AIR) Site Alliance initiative in India, in which it partnered with 10 leading government hospitals from across the country.

    “This milestone marks a significant step forward in strengthening India’s readiness to participate in global and local clinical trials, enabling faster patient access to breakthrough therapies and ensuring India’s diverse population is better represented in clinical research,” said the company.

    Launched in 2023, the initiative focused on streamlining internal processes, building digital readiness for better data capture and monitoring and delivering tailored training programs to enhance operational efficiency.

    “By equipping leading government hospitals with global-standard clinical trial capabilities, we are helping to bring innovations faster to India. This is a crucial step toward building equitable healthcare and shaping treatments that are relevant for India,” said Dr Sivabalan Sivanesan, Country Medical Director, Roche Pharma India.

    Dr Amit Sehrawat, Associate Professor, Medical Oncology and Haematology, AIIMS, Rishikesh, said, “This initiative is a strong example of how public–private partnerships can accelerate capacity-building and strengthen India’s clinical research ecosystem. India carries a significant burden of cancer, infectious and chronic diseases, yet has historically been underrepresented in global trials.”

    “By enabling government hospitals to participate in cutting-edge research, this program ensures Indian patients are part of the evidence generation process — helping make treatments safer, more effective and relevant for our population.”

    Dr Vyunkta Raju K N, Professor, Dept of Paediatric Neurology, Indira Gandhi Institute of Child Health, said: “The AIR Site Alliance program has been transformational. Our investigators and ethics committees are now better equipped to conduct research of global standards. This collaboration has given our institutions new opportunities to bring advanced research directly to our patients.”

    The 10 hospitals, which are part of this initiative are: AIIMS, Rishikesh; Safdarjung Hospital, New Delhi; PGIMS, Rohtak; Homi Bhabha Cancer Hospital & Research Center, Muzaffarpur; Balco Medical Centre, Raipur; Government Medical College, Aurangabad; Indira Gandhi Institute of Child Health, Bengaluru; Dr Bhubaneswar Borooah Cancer Institute (BBCI), Guwahati; Kalyan Singh Super Speciality Cancer Institute & Hospital, Lucknow’ and Acharya Harihar Post Graduate Institute of Cancer, Cuttack.

    The project aligns closely with India’s national priorities, including the CDSCO’s encouragement for greater participation of government sites in Phase 3 and 4 trials and the Pharmaceutical Research and Innovation Policy (PRIP) initiative that explicitly encouraged industry-academia partnerships to strengthen R&D capabilities, build clinical trial infrastructure and enhance India’s global competitiveness in innovative research, the company said.

    “This initiative supports the vision of Viksit Bharat by 2047 – creating a future-ready, world-class healthcare ecosystem where India emerges as a global hub for clinical research, accelerates access to breakthrough innovations, and delivers equitable health outcomes for every citizen,” it added.

    The AIR Site Alliance is Roche’s flagship global initiative designed to expand access to clinical trials for underrepresented populations.

    Already implemented in the US, UK, Canada, and Africa, the AIR Site Alliance is now active in India, helping to close representation gaps, generate more robust scientific evidence and accelerate equitable healthcare outcomes worldwide, the company added. The New Indian Express