Fund aims to raise capital from the overseas and domestic market Tata Capital has unveiled the Tata Capital Healthcare Fund II, its second healthcare fund, with which the company hopes to raise a massive funding of $200 Million from overseas and domestic investors. According to reports, Tata company officials stated that the fund theme revolves …
Category Archives: Healthcare Trends
Guidelines on the Use of Instant Messaging Apps in Healthcare Issued by UK’s National Health Service
The United Kingdom’s state run National Health Service has issued updates on the guidelines for their staff on the usage of instant messaging apps and programs by certified clinicians that are to be followed in settings for acute care, to maintain established privacy policies in regards to patient data. With the NHS recognizing the need …
£3.5Bn Boost of Annual Funding Expected for Community Healthcare in the UK
The Government of England has announced that community and primary healthcare in England is going to benefit from a real-terms increase of £3.5 Billion per year by 2023/24. Theresa May Reveals Plans for Boost to Reduce Pressure on Hospitals Prime Minister Theresa May announced that the plan for the NHS, for long-term improvement, which is …
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$12.5 million Capital Raised by Medical Device Manufacturer, NICO Corporation
NICO Corporation, a leader in modern interventional technologies and a medical device provider in Indianapolis has announced that it has completed a capital raise of $12.5 million of Series B. As stated by the company, the funding is raised among present shareholders which would provide resources for their lined-up priority activities including commercialization, new product …
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US-based Avenue Therapeutics to be Acquired for $215 Mn by Cipla Subsidiary
Cipla, the leading player in the global drug market announced that its subsidiary InvaGen had entered into formal agreement to acquire US-based specialty pharmaceutical company Avenue Therapeutics from Fortress Biotech for approximately $215 Mn (Rs. 15.6 Bn). The acquisition is anticipated to take place in two phases. As stated by Cipla in a regulatory filing, …
Continue reading “US-based Avenue Therapeutics to be Acquired for $215 Mn by Cipla Subsidiary”
Guidelines on the Use of Instant Messaging Apps in Healthcare Issued by UK’s National Health Service
The United Kingdom’s state run National Health Service has issued updates on the guidelines for their staff on the usage of instant messaging apps and programs by certified clinicians that are to be followed in settings for acute care, to maintain established privacy policies in regards to patient data. With the NHS recognizing the need …
Walgreens Boots Alliance to Take Part in the Credit Suisse Conference of Healthcare
The Walgreens Boots Alliance has announced that company leaders including Global Chief Financial Officer and Executive Vice President James Kehoe will be taking part in the 27th Annual Healthcare Conference of Credit Suisse on Wednesday November 14, at The Phoenician, in Scottsdale Arizona. The audio feed for the appearance of the Walgreens Boots Alliance representative …
New MyDoc Platform from Singapore Touted to Be Great Cost Saver for Asia’s Healthcare Sector
Singapore-based health technology startup MyDoc has been focusing on healthcare management solutions for large enterprises since its inception in 2014. Its value-based suite of products allows employees to consult doctors through video chat, get online prescriptions, avail chronic disease management programs, get referrals for specialists and even gives access to insurance information. This integrates every …
Healthcare Industry on High Alert as Drug-Resistant ‘Superbugs’ Pose Significant Threat
European Union’s wide-ranging team of doctors recently discovered dozen of antibiotic drug resistant bacteria, after which they developed an estimate of five bug types that can lead to substantial death and infection rates. The team found out that according to 2015 stats, over 6, 70,000 individuals were ill and nearly 33,110 met with death. They …
Online Drug Delivery System to Take a Toll in India with Decreased Healthcare Costs
Buying medicines online has turned out to be the latest trend among the consumers and patients in India. With this growing trend, e-pharmacies are also increasing at a significant rate. However, in September, the AIOCD (All India Organization of Chemists and Druggists) had protested against the draft proposal of Central government with regards to formalizing …