DHN

India’s Medtech Industry Targets $50 Bn Growth, Aims to Reduce Import Dependency May 8, 2024 Currently, India is the 4th largest market for medical devices in Asia and among the top 20 globally. Net imports for FY 2022-23 stand at $4101 million with an import coverage ratio of 0.45.

ACKO Launches Ambulance Booking Feature on its App in Partnership with RED.Health May 7, 2024 Currently, this feature is available in Bengaluru. However, the startup plans to launch it in other major cities including Delhi, Mumbai, Chennai, Hyderabad, and Kolkata.

LocalCircles’ Survey Reveals 43% Health Insurance Policyholders Faced Difficulties May 6, 2024 The report also found that a significant number of health insurance claims in India were either partially approved or outright rejected.

Healthtech Firm Indegene’s IPO Opens for Subscription Today May 6, 2024 The price band of the issue has been fixed at INR 430-452. At the upper end, the company plans to raise INR 1,842 Cr through the issue.

Prof. K. Ganapathy's Corner - Retaining Traditional Healthcare in Digital Health May 6, 2024 Digital Health (DH) is a multi-disciplinary domain encompassing every component of healthcare where digital technology is primarily used.

The Future of Healthcare is Technology May 4, 2024 By Kannan Ramesh, Senior Partner, Somerset Indus Healthcare

Bayer Pharma Concludes JV with Zydus Lifesciences by Acquiring Remaining 25% Stake May 3, 2024 Bayer bought a 25% stake in the JV in April 2018, increasing its ownership interest to 75%. With 25% more, it has now taken full ownership as per pre-agreed JV terms.

Maiva Pharma Bags INR 1,000 Cr from Morgan Stanley, India Life Sciences Fund May 3, 2024 The freshly infused funds will be utilized to set up a new manufacturing facility near Hosur, India.

Japan’s ONO Pharma to Acquire Deciphera Pharma May 2, 2024 Moreover, acquiring Deciphera’s commercial capabilities in the United States and Europe will strengthen ONO’s global commercial presence

Jivraj Hospital & MedLern Partners for Digital Healthcare Training Solutions May 1, 2024 Dr Jivraj Mehta Hospital will utilize MedLern’s digital learning solutions for healthcare training to optimize operations and enhance patient care outcomes.

Google to Launch Fitbit Labs for Fitbit Premium Subscribers May 1, 2024 Currently, Fitbit Labs will be available to a limited number of Android users who are enrolled in the Fitbit Labs program in the Fitbit mobile app.

Paras Healthcare to Launch New Facility in Gurugram with 300-Bed Capacity April 30, 2024 With the addition of this new hospital, Paras Health will extend its network to a total of nine hospitals.