India's diagnostics sector is accelerating capacity addition and geographic expansion, as large chains and regional players invest in new laboratories, integrated centres and dense sample collection networks to tap rising demand for preventive, advanced and precision testing.
Metropolis Healthcare (MHL) has decided to acquire a 100 per cent stake in Gurgaon-based Core Diagnostics for Rs 247 crore. This is about 2.2x FY24 (financial year 2023-24) enterprise value (EV)/sales and estimated 14x FY26 EV/Ebitda for the deal.
The researchers, including those from the Centre for DNA Fingerprinting and Diagnostics (CDFD) in Hyderabad, advise testing asymptomatic primary and secondary contacts followed by surveillance.
When Prashanth Reddy's father was in an ICU he could not find a lab that would deliver a blood infection test report in 24 hours. That's where iGenetic Diagnostics, which uses molecular techniques next generation sequencing, came in.
The Society of Asian American Scientists in Cancer Research last month presented awards to seven doctors for their outstanding contributions to cancer research. The awards were presented by Rajvir Dahiya, SAASCR president, San Diego, California on April 6.
The IP & Science business of Thomson Reuters has announced its 2013 "Nobel-class" Citation Laureates on Wednesday, which names 28 researchers representing 22 distinct academic and research organisations, and six different countries.
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