Seven New Research Parks to be set up in India to boost innovation

India |  News | 1 Comment | 05 Jun, 2017

In a bid to boost the Indian start up scene, the government is all set to fulfill its promise of setting up of seven new research parks with an initial investment of about $ 15.4 million ea...Read more

Asia’s first bot-aided implant for Parkinson’s at Kochi

India |  News | 0 Comment | 25 May, 2017

This is the first time in Asia that Deep Brain Stimulation (DBS) implantation was performed with a medical robot called ROSA. The technology enables minimally invasive surgery of the centra...Read more

Zydus gets approval for antihistamine drug

India |  News | 0 Comment | 23 May, 2017

Drug firm Zydus Cadila has received approval from the US health regulator to market antihistamine Cyproheptadine Hydrochloride tablets in the US market. The company has received final appr...Read more

Toro Finserve to invest in Healthcare Real Estate

India |  News | 0 Comment | 23 May, 2017

Private equity firm Toro Finserve is raising a USD 500 million fund to invest in real estate for healthcare enterprises. This is the first fund focused on putting money on infrastructure fo...Read more

Indian Wins Top Intel Science Award in U.S.

India |  News | 0 Comment | 22 May, 2017

Prashant Ranganathan, Indian boy has won the world's largest pre-college science competition in the US in the environmental engineering category for his project on biodegradation of pestici...Read more

India's Torrent Pharma inks deal with Novartis

India |  News | By BioSpectrum Bureau  | 0 Comment | 12 Apr, 2017

Singapore: Indian drug giant Torrent Pharma has acquired a portfolio of generic drugs from Swiss pharma company Novartis. The details of the generic drugs are not known. As per reports, the...Read more

IFC to sell entire stake for $65 mn in Max Healthcare

India |  News | 0 Comment | 12 May, 2017

International Finance Corp (IFC), the private-sector investment arm of the World Bank, will sell its entire 7.5% stake in Analjit Singh-led Max Group’s healthcare business for Rs 423 ...Read more

Milann Hospital receives approval from ICMR

India |  News | 0 Comment | 11 May, 2017

Bangalore based Milann, country’s leading fertility center, becomes the first hospital in India to receive permission for Uterus Transplant from the Indian Council of Medical Research...Read more

Claris sells stake to Otsuka for $20 m

India |  News | 0 Comment | 10 May, 2017

Ahmedabad-based pharmaceutical company Claris Lifesciences Ltd has agreed to sell its entire 20% stake in a joint venture with Otsuka Pharmaceutical Factory Inc. to the Japanese partner. Th...Read more

3 Indian scientists elected fellows of Royal society

India |  News | 0 Comment | 09 May, 2017

Three Indian-origin scientists known for their expertise in genetics, computers and ecology have been elected fellows of the Royal Society, the world’s oldest scientific academy in co...Read more

Yuvraj Singh-backed Healthians raises funds

India |  News | 0 Comment | 05 May, 2017

Expedient Healthcare Marketing Pvt. Ltd, which runs online diagnostics and wellness startup Healthians.com, has raised an undisclosed amount in bridge funding from Japan’s Asuka Holdi...Read more

Parkway Pantai raises stake in Continental Hospitals

India |  News | 0 Comment | 04 May, 2017

Parkway Pantai is in an expansion-cum-consolidation phase in India. It has announced the allotment of an additional 1.3 percent shares in Hyderabad-based Continental Hospitals Private Ltd (...Read more

Brinton Pharma raises $4 mn from Tata Capital’s healthcare fund

India |  News | 0 Comment | 04 May, 2017

Pune-based drugmaker Brinton Pharmaceuticals Ltd has raised Rs 25.6 crore ($4 million) from Tata Capital Healthcare Fund, the healthcare-focused arm of private equity firm Tata Capital Ltd....Read more

Apollo Hospital implants world’s smallest pacemaker

India |  News | 0 Comment | 28 Apr, 2017

Apollo BGS Hospital, Mysuru, became the first hospital in the State to implant the world’s smallest pacemaker into a 68-year-old patient with bradycardia. The implant was performed by...Read more

Cloud-based app for patient’s aid in absence of doctor

India |  News | 0 Comment | 28 Apr, 2017

The Society for Administration of Telemedicine and Health Informatics (Sathi) has joined hands with a Hyderabad-based engineering institute to jointly develop a cloud-based app, which facil...Read more

Glenmark initiates clinical investigation for respiratory drug

India |  News | 0 Comment | 28 Apr, 2017

Global pharmaceutical major Glenmark Pharmaceuticals has received the US Food and Drug Administration (USFDA) approval for the company’s Investigational New Drug (IND) application to ...Read more

Siemens Healthineers installs India’s first fully automated lab

India |  News | 0 Comment | 27 Apr, 2017

In a significant boost to availability of in-vitro diagnostic testing services in India, Siemens Healthineers has successfully installed India’s first fully-automated Aptio Automation...Read more

Transasia Bio-Medicals acquires Calbiotech Group of US

India |  News | 0 Comment | 27 Apr, 2017

Strengthening its foray into immunoassay, Transasia Bio-Medicals Ltd., India’s leading in-vitro diagnostic company, has recently acquired Calbiotech Group of Companies in the US throu...Read more