Wockhardt in talks to raise USD 100 mn
Mumbai-based drugmaker Wockhardt is in discussions with ICICI Venture, ChrysCapital and other private equity firms to divest a 15% stake. The country
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Mumbai-based drugmaker Wockhardt is in discussions with ICICI Venture, ChrysCapital and other private equity firms to divest a 15% stake. The country
Wockhardt group will invest INR 1,000 crore in the next three years for expanding its healthcare infrastructure.
[This article was published in the September 2008 issue of the eHEALTH Magazine (https://www.ehealthonline.org)]
The per capita income in Western India is the highest in the country at USD 850 (PPP). It would be appropriate then to assume that this would have an impact on the level of automation of medical care in the region.
Hiranandani Constructions, promoted by billionaire Niranjan Hiranandani, is planning to set up a chain of hospitals in the country. The total investment in these projects could be around INR 500 crore.
[This article was published in the April 2008 issue of the eHEALTH Magazine (https://www.ehealthonline.org)]
As part of its foray into Saurashtra, Wockhardt took over the N.M. Virani charitable hospital situated in Rajkot in 2006, converting it into a super-speciality facility.
Drug maker Wockhardt has announced it will spin off its R&D business and list the new company on stock exchange on January 1, 2009. The company thus has followed similar moves by other pharma companies, who have hived off their research and development units.
[This article was published in the January 2008 issue of the eHEALTH Magazine (https://www.ehealthonline.org)]
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Private equity firms have reportedly shown interest picking up stake in Bengal Faith Health Care, the Special Purpose Vehicle (SPV) formed to set up the Bardhaman Health City, a INR 1,000 crore PPP (public-private partnership project) to come up on a 60-acre plot near Durgapur Expressway(NH-42).
[This article was published in the December 2007 issue of the eHEALTH Magazine (https://www.ehealthonline.org)]
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Cisco Systems, the networking multinational, is reportedly in talks with companies such as Reliance, Apollo Hospitals and Wockhardt to roll out their healthcare networking solutions.
[This article was published in the November 2007 issue of the eHEALTH Magazine (https://www.ehealthonline.org)]
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