Hospitals & Clinics
-
Opportunity India Desk Oct 16, 2018 - 1 min readSun Pharma will invest an additional Rs 200 crore at its plant in Assam to augment operations. Sarbananda Sonowal, Chief Minister of Assam, has inaugurated a new production line at Sun Pharma’s facility in Palashbari. An official release from Chief Minister's Office said, "The company has already invested Rs 700 crore in this manufacturing facility ...
-
Opportunity India Desk Oct 16, 2018 - 1 min readMylan Pharmaceuticals Private Limited has announced the winners of its second edition of the Mylan Hackathon held in Bengaluru. At the two-day event, the students and professionals connected and collaborated with people at Mylan to innovate solutions that address real-world health challenges. Rakesh Bamzai, SVP & President Commercial, India and Emerging Markets, Mylan Inc, said, ...
-
Opportunity India Desk Oct 12, 2018 - 1 min readUttar Pradesh government is in talks with several multinational companies and domestic players for setting up six pharma parks across the state. The state government has received an investment commitment of about Rs 5,000-6,000 crore from domestic and multinational pharma companies like Mylan, GE, Pfizer and Sanofi. Sidharth Nath Singh, Uttar Pradesh Health Minister, said, ...
-
Opportunity India Desk Oct 08, 2018 - 1 min readTrivitron Healthcare, the domestic medical devices maker, is eyeing revenue of around Rs 750 crore in the current fiscal year. In the last fiscal year, the Chennai-based company had posted revenue of around Rs 650 crore. GSK Velu, Chairman and Managing Director, Trivitron Healthcare, said, "We are looking at a revenue of around Rs 750 ...
-
Opportunity India Desk Oct 04, 2018 - 0 min readThe government has relaxed import norms for about 34 chemicals used in the pharmaceuticals industry. The move would ease inbound shipments of these items. These chemicals include cocaine, norephedrine, cathine and its salts, ephedrine hydrochloride and concentrates of poppy straw, nicotinic acid and aminorex. The Directorate General of Foreign Trade (DGFT) said, "The import policy of ...
-
Opportunity India Desk Sep 28, 2018 - 1 min readDrug major Sun Pharma is planning to increase the share of complex generics and specialty products to its overall business portfolio. Israel Makov, Chairman of Sun Pharmaceutical Industries, said, "While our specialty business will become an additional engine of growth for us, we will continue our relentless focus on the generics business and our attempt ...
-
Opportunity India Desk Sep 22, 2018 - 1 min readPrime Minister Narendra Modi's ambitious healthcare scheme 'Pradhan Mantri Jan Arogya Yojana' will be launched in Jharkhand. Under this scheme, more than 10 crore families will be provided health insurance worth Rs 5 lakh each, every year. It aims to offer health insurance to 10.74 crore poor families. Modi will roll out the scheme on September ...
-
Opportunity India Desk Sep 14, 2018 - 1 min readMumbai-based online drugstore PharmEasy has raised venture debt funding of $5.5 million from venture debt investor InnoVen Capital. Dharmil Sheth, Co-founder of PharmEasy, has said that the funds will be used for working capital needs and inventory. The company was founded in 2015. Sheth said, "Debt is a great tool to use as working capital. We plan ...
-
Opportunity India Desk Sep 13, 2018 - 1 min readBaba Ramdev's Patanjali has announced its foray into the dairy products section and expects the segment to generate revenue of Rs 1,000 crore by 2020. With products like cow milk, curd, buttermilk and cheese, the company aims to earn revenue of Rs 500 crore by the end of this fiscal year. Patanjali has collaborated with around ...
-
Opportunity India Desk Sep 10, 2018 - 1 min readA woman, named Anjana Patel, has been cheated by the name of Patanjali franchise. The fraudsters have conned out Rs 81,000 from her after offering a franchise for Patanjali products. She had downloaded a franchise form after clicking on a fake website, www.patanjaliayurvedonline.in, created by the accused. The form was filled and submitted by her online. After ...