Cbay buys Philips
Healthcare BPO firm Cbay Systems has acquired nearly 70% in medical transcription firm MedQuist from Koninklijke Philips Electronics N.V for US$ 287 million.
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Corporate-updates
HIL to pick up 8.5% in Apollo BPO
Mauritius-based firm Healthcare Investment (HIL) is picking up around 8.5% stake in Apollo Health Street (AHS), the healthcare BPO arm of India
Reliance partners UN to fight HIV epidemic in India
Reliance Industries Ltd (RIL) and the UNAIDS, the United Nations Programme on HIV/AIDS, are launching an unique partnership to halt and reverse the HIV epidemic in India.
GE and Satyam to provide Healthcare IT Services
Satyam Computer Services Ltd, a global consulting and information technology services provider, and GE Healthcare, have announced a comprehensive agreement to support customers deploying healthcare IT solutions based on GE Centricity Enterprise software.
TI eyes US$ 1 billion a year from health care
Texas Instruments Inc expects health care to become a US$ 1 billion a year market for its chips in coming years in areas ranging from medical equipment used by doctors to devices implanted in the human body.
MedPlus forays into Gujarat with plans of 200 stores
The organised retail health sector in Gujarat seems to be hotting up. After pharmacy and wellness chains of Apollo and Reliance, now Hyderabad-based MedPlus Health Services Pvt Ltd, one of the fastest growing chain of health network, is marking its foray into Gujarat by launching its pharmacies in Ahmedabad.
TN to emerge as hub with Trivitron’s medical technology park
Trivitron’s Medical Technology Park (MTP) is all set to commence construction in Chennai; MTP to create employment for 1000 people by 2011; signs JVs with Aloka, Brandon and Bio-systems for the MTP.
Veeda Oncology acquires Biologie et Industrie of Paris
Veeda Oncology, the subsidiary of one of the leading Global CRO
GE Healthcare and Merck to partner
GE Healthcare has signed an agreement with drug maker Merck & Co, to provide lung imaging technology to assist in respiratory drug development, says CNN Money.
TPG may buy 30% stake in Manipal for INR 500 cr
Private equity (PE) giant Texas Pacific Group (TPG)-controlled Parkway Hospital in Singapore is leading the race to acquire 25-30% stake in Bangalore-headquartered Manipal Hospital for over INR 500 crore, sources said.
Techmagnate bags prestigious medical tourism portal project
Techmagnate, a fast growing Internet firm of India, has bagged prestigious order of developing and managing the complete web portal on medical tourism for All India Medical Tourism Company.
European firms sign global e-health deals
Two large European e-health suppliers have announced new deals to conduct healthcare work internationally, in the last month.
New business models dot medical outsourcing
Indian hospitals are upping the ante on outsourcing. Instead of making heavy capital investments on expensive diagnostic equipment, costing INR 1.5 to INR 5 crore for MRI & CT scans, hospitals are opting for newer pay-per-use and outsourced models.
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Flipkart Health+ App Launched
06-04-2022
