Diagnostics Labs

?Piramal eyes 3rd spot in domestic OTC market by 2019

Opportunity India Desk Sep 29, 2017 - 3 min read

Having grown from the 40th position in 2007 to the 5th currently in India's Rs 14,000 crore OTC market, Piramal Consumer Products has not only done well, but is now hoping to become one of the top 3 players in this segment by 2019, a year ahead of its target.Buoyed by a string of acquisitions ...

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?ITC gets shareholders' nod to venture 'Healthcare' sector

Opportunity India Desk Sep 29, 2017 - 2 min read

Having diversified into FMCG and other businesses, tobacco giant ITC has got shareholders' nod to enter the healthcare sector and plans to set up multi- specialty hospitals across the country.The company had sought approval from its shareholders to alter Memorandum of Association of the company to include 'Healthcare' through a special resolution on January 27. ...

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Proposed Pharma Policy Attenuates its Powers, Says NPPA

Opportunity India Desk Sep 29, 2017 - 1 min read

The government’s proposed National Pharmaceuticals policy has been opposed by The National Pharmaceutical Pricing Authority (NPPA) for trying to dilute their powers and seeking statutory status under a new legislation for affordable healthcare. The body, which monitors the prices of essential medicines in India, has put forward the proposal for establishment of an appellate assembly ...

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According To Government Notification Homoeopaths Can Practice General Medicine

Opportunity India Desk Oct 03, 2017 - 2 min read

The state Medical Education and Drugs Department’s enabling homoeopathic doctors to practise modern medicine, is not being welcomed by the medical fraternity. Furious over the government’s move, the Indian Medical Association (IMA) has decided to challenge it in Bombay High Court. There are already two cases pending before the HC on similar grounds. According to the notification, ...

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Delhi has reported a total of 342 fresh cases of dengue taking the total number of dengue cases to 1807

Opportunity India Desk Oct 04, 2017 - 2 min read

In just seven days Delhi has reported a total of 342 fresh cases of dengue taking the total number of dengue cases to 1807, according to latest reports released by the anti-malaria headquarters of the civic bodies. At 482 the cases of malaria are at a four year high besides a total of 338 cases ...

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Doctor Insta a digital medicine platform raises $4 million fund

Opportunity India Desk Oct 24, 2017 - 2 min read

Doctor Insta, a video medicine platform announced its plans to raise the next round of funding of USD 4 million to further expand its operations in the country, with BIORx Venture Advisors Private Limited (BIORx) a strategic advisory company, as its exclusive partner, responsible for managing Doctor Insta's fund raising portfolio. Following its inception in ...

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NeuroPace raises $74 million fund from KCK Group and OrbiMed Advisors

Opportunity India Desk Oct 25, 2017 - 1 min read

NeuroPace Inc said in a statement “it raised $74 million in equity funding as the medical device maker looks to rapidly expand commercialization of its device to treat epileptic seizures”. The round of funding, led by the KCK Group and OrbiMed Advisors, is likely to be the Mountain View-based company's last as it plans to ...

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Medsmart bags $1 Million fund from Excel Business Sollution

Opportunity India Desk Oct 26, 2017 - 2 min read

Health tech start up Medsmart hospitals Network Pvt Ltd has raised $1 million from IT development and integration company, Excel Business Solutions. Dr Conal Nelson, managing director of the startup said “Investment is a structured deal involving an equity and technology partnership, where Excel will develop and maintain the Medsmart’s real-time intelligence data engine. We ...

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allAyurveda backed by Baidynath appoints Sandeep Bali as its CEO

Opportunity India Desk Oct 26, 2017 - 1 min read

Allaurveda.com, a health portal providing Holistic solution backed by Baidynath appointed Sandeep Bali as its New CEO. According to the statement released by company Bali will play a key role in building allAyurveda.com as the world’s largest comprehensive and holistic natural health portal. Since it came into existence in 1998 allAurveda.com expanded from being just ...

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Cardiotrack Partners with Star Hospitals to provide solutions in Cardiac Care

Opportunity India Desk Oct 31, 2017 - 2 min read

Bangalore-based start-up, Cardiotrack, which provides best-in-class predictive diagnosis for cardiovascular diseases, announced today that it has expanded its presence to Gujarat. The company has partnered with Star Hospitals, a multi-speciality hospital chain based in Ahmedabad to deliver real-time diagnostic solutions in Gujarat. This expansion makes Cardiotrack a Pan-India provider of AI-based cardiac care solutions. According ...

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