Latest news and information on Indian healthcare industry and health care companies in India.
Last Updated: 2009-11-21T10:24:26+05:30
Health Minister Ghulam Nabi Azad has mentioned that blood tests for directing diabetes would be made compulsory in India, taking the footsteps of "opportunistic screening" norm. The scheme is in its pilot stage in 10 states.
"The government has launched a National Programme ... |
Last Updated: 2009-11-21T10:23:27+05:30
Health Minister Ghulam Nabi Azad has mentioned on Friday that Rs.332.92 crore has been allocated for checking the spread of H1N1/ A viral infection.
The first case of swine flu in the country was confirmed in May this year.
"The central government has so far spent or ... |
Last Updated: 2009-11-21T09:26:16+05:30
The Confederation of Indian Industry would soon be launching the toll free helpline for spreading awareness about HIV/AIDS. The helpline is available in four languages.
The announcement was made during an event organized by International Labour Organisation (ILO), Delhi State Aids Control ... |
Last Updated: 2009-11-17T11:08:59+05:30
The United States Food and Drugs Administration has given the approval for the generic version of chronic myeloid leukaemia drug of Sun Pharmaceuticals, Gleeven.
This leukaemia drug could be availed in two different strengths – 100 mg and 400 mg. The pharmaceuticals firm have ... |
Last Updated: 2009-11-17T10:35:03+05:30
Health Minister Ghulam Nabi Azad has announced that the contractors who are developing hospitals similar to AIIMS could win Rs. 10 crore, provided the hospitals are completed as early as possible.
Government has set the deadline of 2010-2011 for the construction of eight AIIMS-like ... |
Last Updated: 2009-11-05T11:30:53+05:30
CordLife, one of the leading stem cell banking groups in the Asia Pacific region, has plans for expanding its network in India and China due to the increasing birth rate of these nations.
"We're looking at India and China as two big markets in terms of our stem cell business in the ... |
Last Updated: 2009-11-04T10:35:18+05:30
Union Health Ministry has announced a reward of up to Rs.25 lakh for those who provide the information on illegal drugs to the ministry.
"The reward of maximum of up to 20 percent of the total cost of consignment seized will be payable to them (whistle blowers). The amount should not ... |
Last Updated: 2009-11-02T08:21:55+05:30
Health and Family Welfare Minister Ghulam Nabi Azad has announced more funds for the control of cancer and the treatment for the poor who are suffering from this medical condition. He also called for deeper studies in this field.
Addressing the Annual Breast and Gynaecological Cancer ... |
Last Updated: 2009-10-31T12:25:02+05:30
Union Minister of State for External Affairs Shashi Tharoor has urged the government to provide the effective healthcare system to the common man as majority of rural population are devoid even of the basic medical facilities.
"We've to bring effective healthcare service to the aam ... |
Last Updated: 2009-10-31T10:54:03+05:30
Popularly used anti-cold drugs like Vicks Action-500, Solvin and Wincold, which contain phenylpropanolamine, analgesic nimesulidenimulide and nice), gastrointestinal tegaserod, known under the names of Ibsinorm, Tegod and Tegibs as well as anti-bacterial gatifloxacin may be banned or ... |
Last Updated: 2009-10-26T13:03:02+05:30
profit of Rs 116.6 crore for the third quarter of this fiscal, which ended on Sep 30, when compared to the Rs 394.5 crore loss reported during the corresponding period last fiscal.
But the net sales of the drug manufacturer have been registered at Rs 1,720.5 crore which is about 18% less ... |
Last Updated: 2009-10-23T17:14:05+05:30
Pharmaceutical major Dr. Reddy's Laboratories has registered a net profit of Rs.197 crore for the second quarter of the 2009-10 fiscal year which ended on Sep 30. This net profit is 116.52% up from the Rs.91 crore net profit which had been registered during corresponding period last ... |
Last Updated: 2009-10-22T16:22:16+05:30
Healthcare major Piramal Healthcare has registered a net profit of Rs.114.22 crore for the third quarter of the 2009-10 fiscal which ended on Sep 30 when compared to the Rs.69.44 crore registered during the corresponding period last fiscal.
The total income of the firm stood at Rs.711.6 ... |
Last Updated: 2009-10-22T14:29:03+05:30
Swiss pharmaceutical giant Novartis has registered a net profit of $2.11 billion in the Q3 which ended on Sep 30, which is 1% more than the net profit registered during the corresponding period last year.
Net sales for Q3 stood at $11 billion, up 3% over the same period last year, pushing ... |
Last Updated: 2009-10-12T11:26:43+05:30
HLL Lifecare Ltd, the Kochi-based contraceptive manufacturer, has plans for foraying into the international arena, including Europe, Indonesia and Russia, for enhancing its sales.
HLL Lifecare, known earlier as Hindustan Latex, has already started receiving orders for female condoms from ... |
Last Updated: 2009-10-08T11:35:48+05:30
The super-specialty healthcare institute, Medanta - The Medicty the ‘child’ of renowned cardiologist Naresh Trehan, is all set to go functional from Oct 19, just two days after Diwali.
The super-specialty healthcare institute, which has been developed in Gurgaon over 43 acres ... |
Last Updated: 2009-10-05T11:23:03+05:30
Union Health Minister Ghulam Nabi Azad mentioned that the health ministry is currently developing the software which will possess the potential for keeping track of all the immunisation drives happening across India as he is not satisfied with the result of the health campaigns.
"The ... |
Last Updated: 2009-09-30T11:41:21+05:30
The US Food and Drug Administration has approved the marketing of Tamsulosin Hydrochloride capsules by Wockhardt, a drug manufacturer.
Tamsulosin capsules are generally used for the treatment of non-cancerous enlargement of prostate, medically termed the benign prostatic hyperplasia. ... |
Last Updated: 2009-09-29T11:48:05+05:30
Lupin, an Indian drug major, has acquired the privileges of the drug which is used for the treatment of high blood cholesterol and high triglycerides, Antara, for about $38.61 million from Oscient Pharmaceuticals, which is based in the US.
The company, in its regulatory filing to the BSE, ... |
Last Updated: 2009-09-19T09:09:49+05:30
Union Health Minister Ghulam Nabi Azad has called for the utilization of therapeutic cloning for healing and the regeneration of damaged body parts and for the treatment for complicated medical conditions.
"Although India remains totally opposed to reproductive cloning owing to the ... |
Last Updated: 2009-09-18T12:10:52+05:30
Union health Ministry has come up with numerous proposals to improve the quality of healthcare in India.
The following are some of the steps -
Doctors to be paid more for rural postings
10 weight-age points for each year of service in rural areas, which will be ... |
Last Updated: 2009-09-18T09:46:15+05:30
Merck, the American pharmaceutical major, and Wellcome Trust, the largest charity of Britain, will be setting up a non-profit firm in India, which will be manufacturing cheap vaccines for the emerging world.
Hilleman Laboratories, as the company has been named, will be headed by ... |
Last Updated: 2009-09-04T14:37:50+05:30
Amway India Enterprises has plans triple the production capacity of its manufacturing unit of Himachal Pradesh for which about Rs.55 crore will be invested.
According to the Amway India Managing Director and Chief Executive Officer, William S. Pinckney, "We have plans to treble the ... |
Last Updated: 2009-08-27T11:03:02+05:30
After receiving a shut down notice from the Tamil Nadu Pollution Control Board, Shasun Chemicals and Drugs, a drug manufacturer, has locked its factory which is located in Cuddalore.
The plant, which is into the manufacturing of the anti-ulcerant drugs like Ranitidine, Nizatidine and ... |
Last Updated: 2009-08-24T14:38:41+05:30
With the approval being received from the board of directors, leading hospital chain Fortis Healthcare is all ready to acquire 10 of the Wockhardt’s hospitals at Bangalore, Mumbai and Kolkata. The terms of acquisition have not been disclosed.
The in-principle, broad terms as well as ... |
Last Updated: 2009-08-19T15:46:00+05:30
HLL Lifecare Ltd, which is mainly into the manufacturing of contraceptives, has marked its entry into the herbal products sector by launching an Ayurvedic health product, "Chyavanules-Chyawanprash".
HLL chairman M. Ayyappan launched the product that which has been Kottakkal Arya ... |
Last Updated: 2009-08-11T10:47:45+05:30
According to Fortis Healthcare Ltd, two shares will be issued on a rights basis for every five held. It added that the subscribers will also be permitted to two detachable warrants.
The rights issue of the hospital-chain operator will be priced at Rs. 110 a share. This is intended for ... |
Last Updated: 2009-07-28T16:20:07+05:30
Cryobanks International India, a cord blood stem cell banker, is eying to expand its network in Bihar where awareness of stem cell banking is still very low, a company official said.
"We will expand our network across the state to create more awareness among people to come forward for ... |
Last Updated: 2009-07-28T10:15:01+05:30
Ranbaxy, a pharmaceutical major and FMCG manufacturer Proctor and Gamble (P&G) are among nine companies that have been allowed to set up units in Himachal Pradesh.
"Ranbaxy and Procter and Gamble (P&G) Monday got permission from the state government to set up units in the ... |
Last Updated: 2009-07-24T09:33:36+05:30
Biocon, the Indian biotechnology major, has posted a net profit of Rs.47.6 crore for the first quarter this fiscal, registering a 59% YoY. Total income for the quarter under review has grown only 9% YoY to Rs.259 crore from Rs.237 crore in the like period a year ago.
As a group, the net ... |