The National Institute of Virology (NIV) in Pune under the ICMR has isolated the monkeypox virus from the clinical specimen of a patient, which can pave the way for development of diagnostic kits and vaccines against the disease, officials said on Wednesday.
Several multinational medical device makers are focusing on deepening their presence in India by expanding their local manufacturing footprint and research capabilities, a move that can catapult India into a strategic hub for the medical technology (medtech) industry. Among those increasing their reach in the country are Siemens Healthineers and Philips, signalling a broader shift from India being only a sales destination to becoming a global production and innovation base.
Various industry bodies have sought immediate government intervention through the imposition of anti-dumping duties, claiming India has seen a surge in imports of Chinese goods over the past two weeks.
While sedan sales have declined in the mass-market segment in recent years, demand remains strong for BMW sedans, which account for 45 per cent of its sales in India.
Billionaire Mukesh Ambani's Reliance Industries Ltd has spent $13 billion on acquisitions in the past five years across new energy, telecom, retail and media business to script a pivot away from core oil and petrochemicals business to clean energy and consumer facing verticals. Last week, Reliance bought oncology platform Karkinos Healthcare for Rs 375 crore, adding another stack to its diagnostic and digital healthcare ecosystem, Morgan Stanley said in a report.
'Everyone with a low BMI will not get Type 5 diabetes.'
The USTR report, released just ahead of the US' April 2 deadline for implementing reciprocal tariffs, has also cited high tariffs and price caps, which have not increased in line with inflation, as key obstacles for US businesses.
Mumbai has reported its first case of Guillain-Barr Syndrome (GBS), a rare nerve disorder, in a 64-year-old woman. The patient, who resides in Andheri east, was hospitalized with a history of fever and diarrhea followed by ascending paralysis. She is currently undergoing treatment in the Intensive Care Unit (ICU) of a civic-run hospital. GBS is a condition where the immune system attacks the peripheral nerves, resulting in muscle weakness, loss of sensation, and difficulties with swallowing or breathing.
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.
A Canadian man has been arrested for allegedly carrying a crocodile skull in his bag at Indira Gandhi International (IGI) Airport in New Delhi, the customs department said on Thursday.
Ahmedabad-based Torrent Group has completed the acquisition of a majority 67 percent stake in Indian Premier League (IPL) franchise Gujarat Titans.
Apollo Hospitals Enterprise is set to expand presence in metro cities during FY26 with the addition of five hospitals that would add over 1,400 beds.
India has reported 59 cases of Human Metapneumovirus (HMPV) and two deaths due to co-morbidities between January 6 and 29, according to Union Minister Prataprao Jadhav. The virus primarily affects young children, the elderly, and immunocompromised individuals, leading to respiratory illnesses. The government has taken measures to monitor and control the spread of HMPV cases and create public awareness.
'He was deeply committed to nurturing young talent and encouraging interdisciplinary collaboration.'
The ICMR's network of laboratories will take care of diagnostics and there is enough capability to step up the supply of diagnostic kits if required, they said.
India's e-commerce market alone is projected to reach $200 billion by 2026, making it a prime industry for ambitious entrepreneurs, explains rediffGURU Harsh Bharwani.
Before you buy a cashless benefit plan at lower premiums, check if you can make full use of it. Most don't even exhaust the entire benefit.
Maternity coverage is a specific feature in health insurance policies that covers the medical expenses associated with childbirth and complications associated, if any.
The ground floor of the house which is considered 'haunted' after 11 members of a family committed suicide in July last year, is now a diagnostic centre. The owner of the diagnostic centre said that he doesn't believe in superstitions.
The primary market is expected to remain vibrant, with at least 10 companies, including supermart major Vishal Mega Mart and Blackstone-owned diamond grading firm International Gemmological Institute (India) Ltd expected to raise a combined Rs 20,000 crore in the next month, merchant bankers said. Education-focused NBFC Avanse Financial Services, TPG Capital-backed Sai Life Sciences, hospital chain operator Paras Healthcare, and investment bank DAM Capital Advisors are also among the companies planning to launch their IPOs in December, they added. The companies aim to raise a total of Rs 20,000 crore through their public offerings.
Amid growing concerns over the detection of human metapneumovirus cases in India, health experts have emphasised the virus is not new, and advised people to stay calm and take basic precautions.
Not far back, in 2010, SRL Diagnostics, promoted by former Ranbaxy promoters Malvinder and Shivinder Singh, acquired the diagnostic services business of Piramal Healthcare for Rs 600 crore (Rs 6 billion).
Analysts are expecting pharmaceutical companies to post sales growth of 10-11 per cent in the second quarter this financial year while the Ebitda (earnings before interest, tax, depreciation, and amortisation) margins are anticipated to improve by about 110 basis points. Ebitda improvement will be led by lower input costs because prices of active pharmaceutical ingredients (APIs) are 5-15 per cent lower year-on-year (Y-o-Y). Axis Capital said sales growth would be around 10 per cent, of which growth in the India market would be 11 per cent or so.
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.
India is on the verge of another outsourcing wave: high-end laboratory and diagnostic testing!
The Supreme Court on Friday said the plea seeking a policy for verification of electronic voting machines should go before the same bench that delivered a verdict in April rejecting the demand for bringing back the old paper ballots.
'A long-term investor with a 4 to 5 year horizon could invest in this theme via SIPs.'
Human Metapneumovirus (HMPV) is a respiratory virus that causes illnesses ranging from mild respiratory discomfort to severe complications. It spreads through respiratory droplets, similar to other respiratory viruses such as RSV and influenza. This article provides an overview of HMPV including its symptoms, transmission, prevention, diagnosis, treatment, and how it differs from COVID-19.
The centre's owner, Rameswar Bahiti, a Hindi-speaking person, was targeted by the ULFA.
'Obesity, especially central obesity and increased visceral fat due to physical inactivity, along with the consumption of high-calorie, high-fat, and high-sugar diets, are major contributing factors.'
The IPO market is set to be bustling next week, with 11 companies like Vishal Mega Mart, TPG Capital-backed Sai Life Sciences and fintech firm One Mobikwik Systems gearing up to launch their initial share sales, collectively aiming to raise nearly Rs 18,500 crore. Other mainboard IPOs to be launched during this period are Inventurus Knowledge Solutions Ltd and Blackstone-owned diamond grading firm International Gemmological Institute (India) Ltd.
Though the Budget this year is expected to be exceptionally austere, the corporate honchos have dished out their wishlist
The incident took place at Doctor Hedgewar Hospital in Karkardooma in New Delhi late on Saturday night while the doctor was providing critical care.
An analysis of over 2,000 patient samples from Delhi-NCR by Dr Dangs Lab revealed that 15 per cent of patients with an HbA1c score above 6.5 per cent exhibited elevated levels of NT-proBNP, a crucial biomarker for early heart failure detection. A study by Joshi of 1,054 patients in Mumbai found that 34 per cent of Type 2 Diabetes Mellitus (T2DM) patients are at increased risk of cardiovascular complications.
'Our priority remains brownfield expansion, and in the next few years, we plan to increase our capacity to around 6,000 beds.'
'We have got enough internal accruals, and we are able to do acquisitions on our own.'
Quest Diagnostics, one of the leading providers of diagnostic testing, information and services in the United States, is looking to set its footprint in India.
Piramal Healthcare and SRL have entered into an agreement for SRL to acquire Piramal Diagnostics Services Ltd, Piramal said in a filing to the Bombay Stock Exchange.
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