Healthcare news
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Franchise India Bureau Jul 09 2018 - 1 min readMalaysia’s IHH Healthcare Berhad is likely to pick up at least a 51% stake in struggling hospital chain Fortis Healthcare Ltd for Rs 4,700-5,400 crore, the Mint newspaper reported. Citing two people aware of the bid details, the report said that IHH Healthcare’s offer is more than that of TPG-backed Manipal Health Enterprises Pvt. Ltd. ...
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Franchise India Bureau Apr 16 2018 - 1 min readThe Bengaluru-based healthcare startup PregBuddy has raised an undisclosed amount in a seed round led by Indian Angel Network (IAN). in a statement, the startup revealed the names of investors who participated in the round included Google India managing director and IAN member Rajan Anandan; Madhusudhan Kannan, chief business officer of ...
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Franchise India Bureau Sep 29 2017 - 3 min readAccording to PricewaterhouseCoopers India (PwC India) estimates, on the basis of data from individual players, right now Pediatric healthcare is a Rs1,500-crore market, with over 2,000 paediatric beds, largely paediatric arms of multi-specialty adult hospitals, nursing homes and paediatric clinics.The overall paediatric market in India is about Rs 55,000 crore. Growing at the rate 14-18 ...
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Franchise India Bureau Sep 29 2017 - 1 min readPharmaceutical ingredients manufacturer Shilpa Medicare Ltd has received approval from its board to acquire the remaining stake in Hyderabad-based Nu Therapeutics Pvt Ltd for Rs3.21 crore, as per a stock market disclosure.Shilpa Medicare already owns 67.94 per cent stake in Nu Therapeutics. Following the approval from its board for the acquisition of remaining 32.06 per ...
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Franchise India Bureau Sep 29 2017 - 2 min readOnline drug marketplace 1mg, operated by Gurgaon-based 1mg Technologies Pvt Ltd, has secured funding from Swiss investment firm HBM Healthcare in an addition to its recently closed Series B round.This is HBM’s first direct investment in a digital health company in India, reported mediapersons.Last month, the company raised $15 million (Rs100 crore) in a Series ...