Manipal Hospitals and Narayana Health to Invest Rs. 10 Crore

Manipal Hospitals and Narayana Health have got together with an investor to provide up to Rs 10 crore in grants […]

VC funding in Healthcare IT rises in 2012

Venture Capital funding totalled nearly $1.2 billion in 163 deals in 2012 compared to $480 million in 49 deals in 2011

Venture Capital Funding for Healthcare IT Is On the Rise

As per the global communications and consulting firm Mercom Capital Group, llc, on funding and merger and acquisition (M&A) activity […]

Infinity Group investing US $10 Million in Israeli technology companies expanding to China

Infinity Group, an RMB fund pioneer and the leader in cross border China, RMB and dollar private equity platforms and […]

BUSINESS

First ‘pharmacovigilance’ center launched in India Accenture and Bristol-Myers Squibb Company have together launched the pharmaceutical industry’s first ‘pharmacovigilance’ center, […]

Mercom Capital Group reports funding activity on healthcare IT for Second Quarter 2010

Mercom Capital Group, a communication and consulting firm specialising in health care technology and clean energy, has released the healthcare IT M&A and funding activity for the second quarter of 2010.

Taking Control – Medical Devices Industry to get a Regulatory Authority

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

The medical equipment market in India is growing at an annual rate of 15% and is expected to touch US$ 4.98 billion by 2012. With a highly unregulated environment in terms of quality, reliability, pricing and control, uncertainty rules the roost. Often, it�s a confusing maze for care providers and medical professionals, and the brunt of all this has to be borne solely by those at the end of the chain – �the patients� !

There is a dire need for a legal framework and a regulatory agency to look after the industry. How far have we reached? Is the Government taking the right steps? eHEALTH takes stock of the matter.

NEWS REVIEW – BUSINESS

[This article was published in the October 2007 issue of the eHEALTH Magazine (https://www.ehealthonline.org)]

News

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.