MIOT launches Trust for children’s heart surgery

MIOT Hospitals is launching a trust called Children’s Heart Internationale MIOT (CHIME) in Chennai.

Launch of

Governments and organizations are uniting in order to launch a new global and unprecedented drive on 26 September, 2007 to cut down maternal and child deaths.

GE Healthcare’s increasing focus on domestic market

Growing at 18-20 per cent a year already, and with sales of $475 million, including both domestic and exports. They have now raised their targets even further.

Bluewater plans healthcare foray; to invest Rs 500 cr

UK-based private equity firm Bluewater International Investment Ltd plans to invest Rs 500 crore in India to tap the lucrative healthcare sector by setting up a multi-speciality hospital with a medical training centre.

Apollo Unveils Health Insurance Company

The Apollo Hospitals Group in a joint venture with Deutsche Krankenversicherung AG (DKV AG), Europe’s largest private health insurer recently announced its health insurance company, Apollo DKV Insurance Company Limited (Apollo DKV).

AIIMS establishes telemedicine link at cancer hospital

The All India Institute of Medical Sciences (AIIMS) of India has expanded its telemedicine connectivity at its cancer treatment facility.The facility will also provide consultations to the SAARC and pan-African countries

Hindujas, DP World to invest Rs 200 cr in healthcare

Hinduja TMT Ltd, renamed as Hinduja Ventures, and its joint venture partner UAE’s DP World have announced plans to invest Rs 100 crore each to enter the healthcare sector.

Indian Govt. planning workplace health policy for IT professionals

A growing number of young IT professionals in India are seen to be suffering from lifestyle diseases. Keeping this in view the government is planning a workplace health policy for those working in this sector.

Trivitron MD receives Rajiv Gandhi Shiromani Award, 2007

In recognition for his outstanding contribution in the field of diagnostic and health care industry in India, Dr. GSK Velu, Managing Director, Trivitron group of companies has been conferred with the ‘Rajiv Gandhi Shiromani Award,2007’.

Norwest to Venture Beyond IT to Healthcare and Retail in India

Kurt L Betcher, administrative partner and chief financial officer of Norwest Venture Partners (NVP), and his colleague and general partner Robert B Abbott were recently in India.

Betcher’s focus was on the logistics of setting up and running an office in India, while Abbott, was looking for investment opportunities in the country, beyond the realm of technology that NVP had so far restricted itself to.

Trivitron(Chennai, India) and Aloka(Japan) sign JV

Trivitron group of companies, the largest Indian medical technology company and Aloka, the innovators in Ultrasound technology from Japan today announced their joint venture agreement to manufacture cost effective, High Technology Ultrasound equipment in India to suit the needs of the developing countries. The Joint Venture will embark on an Initial investment of about 50 crores by both the companies followed by further investments in due course.

Hamilton G5: World’s first 3D Ventilator launched by Trivitron

Trivitron, the largest Indian Medical Technology Company in association with Hamilton Medical AG; a Swiss manufacturer of “Intelligent ventilators” has recently launched Hamilton G5- world’s first 3D ICU Ventilator, in India.

First ‘pharmacovigilance’ center launched in India

Accenture and the Bristol-Myers Squibb Company have together launched the pharmaceutical industry’s first ‘pharmacovigilance’ center, in Chennai, India, to monitor safety of data collected on medicines.