Covid-19: INSACOG confirms presence of BA.4, BA.5 subvariants of Omicron in India
India had reported the first case of Omicron BA.4 sub-variant in Hyderabad. First detected in South Africa, it is highly transmissible. (Source: The Economic Times)
Source: The Economic Times - May 22, 2022 Category: Consumer Health News Source Type: news

India will have distinction of recording highest cardiac deaths by 2030, warns renowned Cardiologist
A holistic integrated approach is needed to counter the menace, including stress management and inculcating healthy lifestyle habits (Source: The Economic Times)
Source: The Economic Times - May 22, 2022 Category: Consumer Health News Source Type: news

Mayo Clinic invests in Ratan Tata-backed cancer care platform Karkinos Healthcare
Karkinos has raised funding from marquee investors such Ratan Tata, Venu Srinivasan, Kris Gopalakrishnan, Ronnie Screwvala, Vijay Shekar Sharma, and Bhavish Agarwal among others. (Source: The Economic Times)
Source: The Economic Times - May 22, 2022 Category: Consumer Health News Source Type: news

Monkeypox virus: Centre alerts NCDC, ICMR; WHO calls emergency meeting
(Source: The Economic Times)
Source: The Economic Times - May 21, 2022 Category: Consumer Health News Source Type: news

Amazon, Walmart's Flipkart in talks to buy stake in $1.1 billion diagnostics chain Metropolis Healthcare
The company is in early discussions with several global strategic investors and other potential purchasers of the shares, said the people, asking not to be identified because the deliberations aren ’t public. Metropolis, traded in Mumbai with a market value of $1.1 billion -- about half what it was at the start of the year -- tapped Barclays as an adviser, they said. (Source: The Economic Times)
Source: The Economic Times - May 20, 2022 Category: Consumer Health News Source Type: news

Covid booster needed for broad protection against Omicron variants, studies show
The studies, published in the New England Journal of Medicine (NEJM), and Cell Host& Microbe journal, showed that a third mRNA vaccine dose was required to generate a high enough concentration of antibodies to neutralise BA.2 and Deltacron, as well as other Omicron variants, including the original BA.1, and BA.1.1. (Source: The Economic Times)
Source: The Economic Times - May 20, 2022 Category: Consumer Health News Source Type: news

Motilal Oswal Private Equity invests RS 194.4 crore in Pathkind Diagnostics
Established in 2016, Pathkind is one of the fastest growing diagnostics services chains in India with a network of over 75 labs of which 13 are NABL accredited, 2,000 exclusive collection centers and over 5,000 business-to-business clients, across 23 states. (Source: The Economic Times)
Source: The Economic Times - May 20, 2022 Category: Consumer Health News Source Type: news

Amazon, Walmart's Flipkart in talks to buy stake in $1.1 billion diagnostics chain
The company is in early discussions with several global strategic investors and other potential purchasers of the shares, said the people, asking not to be identified because the deliberations aren ’t public. Metropolis, traded in Mumbai with a market value of $1.1 billion -- about half what it was at the start of the year -- tapped Barclays as an adviser, they said. (Source: The Economic Times)
Source: The Economic Times - May 20, 2022 Category: Consumer Health News Source Type: news

TRIPS waiver: 30 members begin text-based talks, but differences remain
The Trade-Related aspects of Intellectual Property Rights (TRIPS) Council met informally on Thursday to take stock of the talks on a proposal floated by India, South Africa, the US and EU to waive patents on Covid-19 vaccines. Negotiations are on so that a consensus is formed before the 12th Ministerial Conference (MC12) of the WTO on June 12-15. (Source: The Economic Times)
Source: The Economic Times - May 20, 2022 Category: Consumer Health News Source Type: news

Private equity owners pull Medall Healthcare out of insolvency
The National Company Law Tribunal had admitted Medall Healthcare for insolvency proceedings on May 2 after a creditor of the company approached the court claiming it was unable to realise payments despite repeated requests to the company. (Source: The Economic Times)
Source: The Economic Times - May 20, 2022 Category: Consumer Health News Source Type: news

After cement, Adani forays into healthcare services
The subsidiary includes setting up, running, administering medical and diagnostic facilities, health aids, health tech based facilities, research centers and basic healthcare facilities. (Source: The Economic Times)
Source: The Economic Times - May 19, 2022 Category: Consumer Health News Source Type: news

CCI clears Serum Institute Life Sciences-Biocon Biologics deal
Once the deal is complete, Serum Institute Life Sciences Pvt Ltd will have about 15 per cent stake in Biocon Biologics Ltd, according to the notice filed with the regulator. (Source: The Economic Times)
Source: The Economic Times - May 18, 2022 Category: Consumer Health News Source Type: news

Some short-term benefit of additional booster dose of mRNA vaccine in health workers: WHO
The WHO cited seven studies, conducted during a time when Omicron was the predominant circulating strain globally, that evaluated the relative effectiveness of a fourth dose four months after a third dose of mRNA vaccine compared to those who received three doses. (Source: The Economic Times)
Source: The Economic Times - May 18, 2022 Category: Consumer Health News Source Type: news

Honasa Consumer acquires majority stake in skincare brand Dr. Sheth's
"While HCPL has control of the majority stake in Dr Sheth's, Dr Aneesh Sheth will continue to lead the business and product innovation for the brand," it said in a statement. (Source: The Economic Times)
Source: The Economic Times - May 16, 2022 Category: Consumer Health News Source Type: news

Union Minister Meghwal launches mental health helpline
The 24X7 pan India helpline will provide mental health support and consultations from counsellors and psychologists. (Source: The Economic Times)
Source: The Economic Times - May 16, 2022 Category: Consumer Health News Source Type: news