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Global Healthcare Companies Seek to Bet on Indian Startups for Fresh Start
Last year when global oncology leader Roche signed a $550-million deal to team up with Curadev, a tiny Noidabased firm set up by two seasoned researchers, it didn't really make the headlines. Yet the deal, cherry-picked by a global scouting team of the Swiss biotech giant, resonated with other innovation-based drug makers and medical device leaders such as Johnson & Johnson Innovation, Philips and Medtronic.
- Categories
- Health Care
- Region
- South Asia
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Why TPG’s Rise Fund could redefine impact investing
The New York Times (NYT) reported on Monday citing unnamed sources that TPG Growth is setting up a social impact fund. It is dubbed the Rise Fund and aims to invest more than $1 billion over time.
- Categories
- Investing
- Region
- South Asia
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Australian Social Enterprise Lights Up India’s Slums
Pollinate Energy was founded by six young Australians in 2012, following a blackout in India that left more than 600 million people without power.
- Categories
- Energy, Technology
- Region
- South Asia
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Indian Millionaire’s Vaccine Maker Hunts for Acquisitions
“I do see vaccine companies coming up on the block whether it could be in India or it could be abroad,” Adar Poonawalla, head of Serum Institute of India Pvt. Ltd., said in an interview in the company’s headquarters in Pune, India. “This is the lull before the storm. You are going to see either acquisitions or mergers.”
- Categories
- Health Care
- Region
- South Asia
- Tags
- vaccines
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India to Review US FDA’s Ban on Antibacterial Soap
A week after the US Food and Drug Administration (FDA) banned the use of certain compounds in antibacterial hand and body wash products, India’s Central Drug Standard Control Organization (CDSCO) is set to deliberate whether their use in India poses a public health hazard that requires a closer look, two CDSCO officials said on condition of anonymity.
- Categories
- Health Care
- Region
- South Asia
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Apollo Spectra Hospitals, Quadio Introduce Net Audiometry Services
Apollo Spectra Hospitals, part of Apollo Health and Lifestyle Ltd. (AHLL), one of the largest players in the healthcare segment, for the first time has partnered with Pune based hearing health care provider Quadio Labs for their maiden telemedicine services.
- Categories
- Health Care, Technology
- Region
- South Asia
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Young Doctors Don’t Want to Go to Rural Areas Because They Feel Ill-Equipped
Recently, there has been several reports on India’s comatose public health system: From a man in Orissa carrying his wife’s body because he was denied a mortuary van to a hospital in Rajasthan where patients are forced to sit outside the hospital and hang their IV bottles from nails hammered into tree trunks, the situation is dismal.
- Categories
- Health Care
- Region
- South Asia
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Cisco Targets India With Strategic Digital Solutions Across Sectors
Global networking heavyweight Cisco Ltd. is making several strategic moves in India to strengthen its market in India.
- Categories
- Health Care
- Region
- South Asia
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