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Healthcare

Discover news, funding updates, regulatory changes, and sector insights impacting the health care industry in India.

Novartis India divesting animal health unit to Eli Lilly for $14M

Healthcare

07 November, 2014

Novartis India divesting animal health unit to Eli Lilly for $14M

Novartis India Ltd, a subsidiary of Germany-based Novartis AG, has approved sale of its animal health business to Elanco India ......

USFDA revokes Ranbaxy's approval to sell generic versions of Nexium and Valcyte

Healthcare

10 November, 2014

USFDA revokes Ranbaxy's approval to sell generic versions of Nexium and Valcyte

The American drug regulator has revoked Ranbaxy Laboratories' tentative approval for selling copycat low-cost versions of blockbuster heartburn drug Nexium ......

USFDA issues warning letter to Cadila Pharmaceuticals

Healthcare

12 November, 2014

USFDA issues warning letter to Cadila Pharmaceuticals

The US Food and Drug Administration (USFDA) has issued a warning letter to Ahmedabad-based Cadila Pharmaceuticals for violating current good ......

Govt floats draft note on relaxing FDI in medical devices

Healthcare

10 November, 2014

Govt floats draft note on relaxing FDI in medical devices

The Commerce and Industry Ministry has circulated a draft Cabinet note for inter-ministerial comments on liberalising foreign direct investment (FDI) ......

Wockhardt Hospitals back on expansion mode, to expand footprint to Delhi

Healthcare

06 November, 2014

Wockhardt Hospitals back on expansion mode, to expand footprint to Delhi

Five years after selling over half of its hospitals to Fortis, privately held chain of tertiary care centres Wockhardt Hospitals ......

GVK Biosciences buying pre-clinical contract research firm Vanta

Healthcare

06 November, 2014

GVK Biosciences buying pre-clinical contract research firm Vanta

Contract research firm GVK Biosciences Pvt Ltd, which operates under the GVK BIO brand, has signed a definitive agreement to ......

IFC may lead $10M Series D round of funding in Eye-Q along with existing investors

Healthcare

04 November, 2014

IFC may lead $10M Series D round of funding in Eye-Q along with existing investors

International Finance Corporation (IFC), the private sector investment arm of the World Bank, is leading a Rs 60 crore ($9.7 ......

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M&As to drive growth, new projects to complement: Ajay Bakshi of Manipal Hospitals

Healthcare Services

05 November, 2014

M&As to drive growth, new projects to complement: Ajay Bakshi of Manipal Hospitals

Manipal Health Enterprises Ltd, the healthcare arm of Manipal Group, has been scaling up with a mix of organic expansion ......

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Cosmetology chain Clinique Gorgeous in talks to raise VC funding

Healthcare

04 November, 2014

Cosmetology chain Clinique Gorgeous in talks to raise VC funding

Clinique Gorgeous, a Mumbai-based medical cosmetology chain run by Dr. Purnima Skin Care Pvt. Ltd, which provides services like aesthetic ......

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Hospital chain Vaatsalya raises funding from existing investors Aavishkaar, Bamboo Finance

Healthcare

30 October, 2014

Hospital chain Vaatsalya raises funding from existing investors Aavishkaar, Bamboo Finance

Bangalore-based Vaatsalya Healthcare Solutions Pvt Ltd, which runs a low-cost primary and secondary care hospital chain in tier II and ......

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