Articles

Taiwan-based Apex Medical enters into Indian market; plans to invest Rs100 crore

Opportunity India Desk Sep 29, 2017 - 1 min read

Taiwan-based Apex Medical Corporation has announced its foray into the Indian market, with big plans to invest about Rs 100 crore. The company, which is mainly into manufacturing of respiratory therapy and supports surface products, will initially import its products and sell them in the country through local dealers, hospitals and tenders to the ...

Share
China to lift price control on most medicines from next month

Opportunity India Desk Sep 29, 2017 - 1 min read

National Development and Reform Commission has announced that Chinese regulators will lift price controls on most pharmaceutical drugs, starting June 1, in hopes that the market driven pricing system will keep a tab over medical costs. Reportedly, Beijing has vowed to ease government controls in favour of market competition in as many areas as ...

Share
Healthcare-focused incubator HealthStart to set up new angel network

Opportunity India Desk Sep 29, 2017 - 2 min read

Healthcare-focused start-up incubator HealthStart is setting up a new sector-focused angel network, as reported by leading news agency VCCircle. The network would make about 8-10 investments in a year, with the investment ticket size of Rs 1-2 crore with an exit period of around two years. Confirming the news, Founder and Chairman of HealthStart, ...

Share
Micromax invests in Bengaluru-based fitness app HealthifyMe

Opportunity India Desk Sep 29, 2017 - 2 min read

Micromax Informatics Limited has announced that it has made a strategic investment in Bengaluru-based health and fitness start-up HealthifyMe. The latter specialises in offering mobile-focused services to motivate people towards healthy behaviour. The investment is part of Micromax’s vision to create a mobile ecosystem that brings unique and innovative technologies from across the globe ...

Share
Violation of D&C Act: Maharashtra FDA cancels pharma retail licenses, suspends retailers

Opportunity India Desk Sep 29, 2017 - 2 min read

The Maharashtra Food and Drug Administration (FDA) has cancelled licenses of 2,241 retail pharmacies and suspended licenses of another 1,857 retailers across the state for violation of Drugs & Cosmetics (D&C) Act like dispensing medicines without prescription. The move was taken up as a follow-up of show cause notices issued by FDA to 4,503 ...

Share
Silverine spa & salon organises spa fest 2015 in Jaipur to ward off summer woes

Opportunity India Desk Sep 29, 2017 - 1 min read

Silverine spa & salon, which is the newly opened brand of Punjab’s leading Cleopatra chain of spa & salon, has organised Summer Spa Fest in Jaipur recently. The month-long fest was aimed to rejuvenate mind, body and soul and distress senses, leaving the consumers feel fresh and active. During the event, Richa Aggarwal, Beauty ...

Share
SeaSoul launches Dead Sea minerals infused Sweet Passion massage candles

Opportunity India Desk Sep 29, 2017 - 3 min read

Enriched with 100 per cent pure and certified Dead Sea Minerals, Pure Jojoba, Sweet Almond oil and other essential ingredients, Sweet Passion massage candles by SeaSoul helps in revitalizing senses and nourishes the skin. The product offers a luxurious massage with its enriching sparkling warm oil, which is perfect to feel refreshed and revitalised. ...

Share
Drug price regulator NPPA caps cost of 30 medicines by upto 30%

Opportunity India Desk Sep 29, 2017 - 2 min read

The drug price regulator has capped prices of 30 medicines including antibiotics and those used in treatment of diabetes, tuberculosis and malaria by 25-30 per cent. However, in some cases the reduction could be by upto 50 per cent. Recently, the National Pharmaceutical Pricing Authority (NPPA) has notified the new price ceilings for these ...

Share
India to participate in first clinical study trial to treat spinal cord injury using stem cells

Opportunity India Desk Sep 29, 2017 - 2 min read

India will be a part of a first-of-its-kind clinical trial, for treating spinal cord injury in humans through stem-cells. India will a part of the collaborative study conducted in China, Norway and America involving 240 patients led by China-based stem cell researcher Dr Wise Young. The pre-clinical trial of the project has already been ...

Share
Lifecell & Virtue Baby celebrates Mother’s day with inspirational speaker Sister Shivani

Opportunity India Desk Sep 29, 2017 - 2 min read

With an aim to inspire and educate would be and soon-to-be mother’s, India's leading stem cell bank LifeCell and a public benefit organization and unit of LESDEP Foundation Virtue Baby has organised Mother’s Day celebration in New Delhi. The purpose of the event is to educate would-be and soon-to-be mothers about Garbha Sanskar, a way ...

Share