Diagnostics
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Opportunity India Desk Jun 29, 2018 - 2 min readFor a second time, India’s second-largest hospital chain, Fortis Healthcare Ltd has extended the deadline to submit bids for a takeover deal, as it continues to go through the uncertainty of acquisition battle. “The date for submission of the binding bids… stands revised to Tuesday, July 3,” Fortis said in a ...
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Opportunity India Desk May 29, 2018 - 2 min readThe home-based healthcare firm, HWell24 Plus Healthcare Pvt Ltd, which operates home healthcare aggregator under the brand, HealWell24 has raised $200,000 (Rs 1.4 crore) in its pre-Series A round of funding from new and existing individual investors. Prashant Mehta, Mitali Pawar, Nikhil G and Bhavesh P, members of Indian Cooperative Oncology ...
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Opportunity India Desk May 24, 2018 - 4 min readTPG Capital-backed Manipal Health Enterprises Pvt. Ltd has extended the validity of its revised offer to buy Fortis Healthcare Ltd, indicating the field is still wide open to take over India’s second-largest hospital chain. Manipal’s latest offer, which was valid till 29 May, has been extended till 6 June for the ...
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Opportunity India Desk May 05, 2018 - 1 min readFortis Healthcare has sought investment banking firm Arpwood Capital Private Limited to act as a second financial advisor on offers that have come in for the company. Arpwood is expected to provide its independent opinion on present or future offers received from bidders for a potential "significant" equity investment, acquisition or ...
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Opportunity India Desk Mar 23, 2018 - 3 min readThe Ayushman Bharat National Health Protection Mission (NHPM), hailed as the world's largest public funded health insurance scheme, would be ready for launch by July end, informed Union Health and Family Welfare Minister J.P. Nadda. He said in a meeting, "All activities related to launching of Ayushman Bharat will be done ...
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Opportunity India Desk Mar 20, 2018 - 2 min readIn an attempt to Increase the affordability and access to the quality healthcare by the patients from the economically and socially weaker sections of society, Samsung India has announced inauguration of the Samsung Smart Healthcare program at King George Hospital in Visakhapatnam. In the initiative, Samsung has provided advanced and innovative ...
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Opportunity India Desk Jan 25, 2018 - 0 min readDrug firm Pfizer reported a 39.87 per cent rise in its net profit at Rs 87.24 crore for the quarter ended December 2017, mainly on account of lower expenses. Revenue from operations for the quarter under review stood at Rs 456.5 crore as compared to Rs 510.2 crore in the same period of the last ...
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Opportunity India Desk Dec 28, 2017 - 2 min readSheroes, the women’s-focused career platform, has acquired Delhi-based child healthcare startup Babygogo. The nature and value of the acquisition were not disclosed by the companies. The founders of Babygogo will join Sheroes as co-founders. This is the second acquisition in less than five months by Delhi-based Sheroes. In August this year, Sheroes had acquired Bangalore-based ...
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Opportunity India Desk Dec 21, 2017 - 1 min readDrugmaker Strides Shasun Ltd has agreed to acquire a 55% stake in South Africa-based Trinity Pharma Proprietary Ltd for Rs 27.5 crore ($4.3 million) in an all-cash deal. The firm will acquire the controlling stake in Trinity Pharma through its wholly owned subsidiary Strides Pharma Asia Pte. Ltd. Deal will help Strides Shasun enter a ...
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Opportunity India Desk Dec 21, 2017 - 1 min readKolkata-based Affordable Health Services Pvt. Ltd, which runs online healthcare services aggregator EasyBuyHealth, has secured $350,000 (Rs 2.2 crore) in a seed round from a group of angel investors from the business and medical communities. The capital will be used to expand its team to 100 members, from the existing 50, over the next six ...