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Category Archives: Health

Medical Devices Sector Poised to Make Quantum Jump

Minister sees industry at US$14bn by 2022 The Indian medical technology industry would grow to US$14 billion by 2022 from the present level of US$1.4 billion, riding on the back of unprecedented digital initiatives and focus on manufacturing, particularly electronics equipment.

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Saphetor to provide its proprietary platform to India

Supratech to get DNA sequencing data technique.   Saphetor SA, the Swiss precision-medicine company dedicated to advancing personalized diagnostics, will provide its proprietary platform for analyzing next-generation DNA sequencing data to Supratech Micropath of Ahmedabad, a reference and diagnostic lab with significant experience in clinical

National ayush mission

Govt approves 39 hospital proposals.

NAM earmarks Rs.440 crore for medical facilities. The government has approved 39 hospitals, each of 50-bed, from 45 proposals received during 2016-17, said Minister of State for AYUSH (Independent Charge), Shripad Yesso Naik in reply to a question in Lok Sabha on 28 July 2017.

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25 hospitals approved in 2016-17

Govt grant provided to the State/UT Governments A total of 25 ‘50-bedded’ hospitals with an outlay of Rs.145 crore has been approved in the year 2016-17, the Rajya Sabha was told on 18 July 2017. Under Centrally Sponsored Scheme of National AYUSH Mission (NAM), there

ideal cures

TA invests in Ideal Cures

TA invests in Ideal Cures #TA Associates, a leading global growth private equity firm, has completed an investment in India’s #Ideal Cures Private Limited, which has expansion plans in the healthcare sector.

Sranfield

Vyome gel for acne

Vyome gel for acne #Vyome Biosciences has announced on 7 Feb 2017 top-line data from its phase 1 clinical trial evaluating VB-1953, a topically administered gel designed to treat patients with moderate to severe acne.

Merck

Merck grant for ECHO

Merck grant for ECHO #The Merck Foundation has provided a grant of US$7 million over five years to help improve health in India and Vietnam.