Centre carves out new pharma dept

Considering the growth of the Indian pharma industry, the government has finally issued a notification for setting up a separate department of pharmaceuticals. The notification was issued on July 1.

Indian American medicos join hands with Apollo

Apollo Hospitals Group has agreed to provide ground support and other assistance to 17 dispensaries set up in India’s rural areas by the Association of American Physicians of Indian Origin (AAPI).

Road Ahead – Health Insurance Summit, 25th May 2008, The Chancery Pavilion, Bangalore

[This article was published in the July 2008 issue of the eHEALTH Magazine (https://www.ehealthonline.org)]

Health insurance in India is increasingly getting refined and redefined, with a population of more than a billion people

Piramal Healthcare to invest in China

Pirmal Healthcare has said it will invest in manufacturing facilities in China and is looking for acquisitions.

Ericsson, Apollo Hospitals together bring healthcare to rural India

Ericsson and Apollo Telemedicine Networking Foundation (ATNF), a part of the Apollo Hospitals Group, have taken a major step towards helping bridge the digital divide in rural India by laying the foundation for the introduction of telemedicine delivered using HSPA technology, which will enable the provision of affordable and accessible healthcare to millions of people in remote areas.

IBM’s new data sharing technology for critical public health info

IBM, in collaboration with the Nuclear Threat Initiative’s (NTI) Global Health and Security Initiative and the Middle East Consortium on Infectious Disease Surveillance (MECIDS), has created a unique technology that standardizes the method of sharing health information and automates the analysis of infectious disease outbreaks, in order to help contain diseases and minimize their impact.

Apollo lines up INR 1000 cr for buys in Spain, Peru

Having failed to identify suitable targets in the UK, Apollo Hospitals is eyeing acquisition opportunities in other markets. The company is scouting for opportunities in Spain and Peru and eyeing tertiary level hospitals in both countries. The move will enable Apollo to gain a foothold in the European and Latin American markets.

Aravind Eye receives 2008 Gates award for global health

In recognition of its groundbreaking work to prevent debilitating blindness and provide affordable, world-class eye care to the poor, the Aravind Eye Care System, based in Tamil Nadu, India, has won the 2008 Gates Award for Global Health. The US$ 1 million Gates Award – the world’s largest prize for international health – honors extraordinary efforts to improve health in developing countries.

India health insurance seen rising, but concerns stay

Despite a penetration of just 2-3 percent, health insurance accounts for about 16 percent of the industry’s total premium collection.

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.

Apollo Hospitals plans hospitals in Africa

India’s largest hospital and pharmacy chain, Apollo Hospitals Enterprise Ltd, is planning to set up hospitals in African countries, Chairman Prathap Reddy said recently.

NEWS REVIEW – BUSINESS

[This article was published in the May 2008 issue of the eHEALTH Magazine (https://www.ehealthonline.org)]

Business News

GCC investors plan medical city in India

A leading Bahraini businessman has proposed to set up a medical city in Bangalore with the help of investors from Gulf countries.