Focus shifts to healthcare delivery in 2023 as Covid stress eases
A major initiative this year has been the launch of the National Sickle Cell Anaemia Elimination Mission by Prime Minister Narendra Modi in July. The mission is aimed at elimination of the disease in India, particularly among the country's tribal populations in 17 high prevalence states by 2047. (Source: The Economic Times)
Source: The Economic Times - December 31, 2023 Category: Consumer Health News Source Type: news

Healthtech company Qure.ai to hit fund trail
Mumbai-based healthtech firm Qure.ai is preparing for a significant fundraising round early next year to support both organic business expansion and acquisitions, according to CEO Prashant Warier. While Warier did not disclose the exact amount, he mentioned it would be in the "triple digits." The healthtech company utilizes artificial intelligence (AI) for medical imaging diagnostics. (Source: The Economic Times)
Source: The Economic Times - December 29, 2023 Category: Consumer Health News Source Type: news

Covid JN.1 in Delhi: Guidelines from AIIMS
In response to the unexpected spike in coronavirus cases across the nation, the All India Institute of Medical Sciences (AIIMS) in Delhi has released guidelines for Covid-19 suspected or positive cases that will be reported at hospitals. (Source: The Economic Times)
Source: The Economic Times - December 28, 2023 Category: Consumer Health News Source Type: news

OmniActive scouts for acquisitions to expand product portfolio, reach
Following TA Associates' majority stake acquisition in January 2021, OmniActive aims for accelerated growth through new product launches and expansion. It is actively seeking acquisitions to diversify its product portfolio, access new customers and technologies, and expand its geographical presence. (Source: The Economic Times)
Source: The Economic Times - December 27, 2023 Category: Consumer Health News Source Type: news

ChrysCapital eyes stake in Delhi's Centre For Sight eye hospital
ChrysCapital's proposed investment will give an exit to Mahindra Partners, the PE arm of Mahindra & Mahindra, which owns about 32% stake in the chain. At present, Centre For Sight founder Dr Mahipal S Sachdev is the majority stakeholder with about 55% stake in the chain. Another 10% stake has been given under employee stock ownership plan. (Source: The Economic Times)
Source: The Economic Times - December 27, 2023 Category: Consumer Health News Source Type: news

Northeast: NEIAFMR to be developed as the national hub for folk medicine
Union Minister of Ports, Shipping & Waterways and Ayush, Sarbananda Sonowal, along with the Chief Minister of Arunachal Pradesh, Pema Khandu, laid the foundation stone for capacity expansion at the North Eastern Institute of Ayurveda and Folk Medicine Research (NEIAFMR) in Pasighat, Arunachal Pradesh today. The North Eastern Institute of Ayurveda & Folk Medicine in Pasighat aims to enhance and promote traditional healthcare, particularly focusing on the healthcare needs of the Northeast region. (Source: The Economic Times)
Source: The Economic Times - December 26, 2023 Category: Consumer Health News Source Type: news

Zydus Lifesciences arm gets Rs 284.58 cr income tax demand notice
Zydus Lifesciences reported that its subsidiary, Zydus Healthcare Ltd, has received an income tax notice demand of Rs 284.58 crore for the assessment year 2023-2024. The demand is attributed to apparent mistakes in the processing of the return of income. Zydus Lifesciences believes that once rectifications are made, the entire demand will be deleted. (Source: The Economic Times)
Source: The Economic Times - December 26, 2023 Category: Consumer Health News Source Type: news

Swedish medtech company Elekta sees smaller cities driving growth
Elekta has partnered with All India Institute of Medical Sciences (AIIMS) to install 21 equipment across various centres, and is preparing to install another 11 units and expects tenders for additional installations. A number of state governments are also installing LINAC machines and are using public private partnership models to set up new centres. (Source: The Economic Times)
Source: The Economic Times - December 25, 2023 Category: Consumer Health News Source Type: news

Private hospitals in no hurry to procure covid vaccines
Private hospitals are currently hesitant to acquire Covid-19 vaccines and are waiting for clarity from the government. Despite a surge in Covid-19 cases raising concerns, senior executives from major private hospitals have indicated that they currently have no vaccine stocks and do not have immediate plans to procure them. Their decision is influenced by the perception that the rise in cases is linked to a mild variant of the virus. (Source: The Economic Times)
Source: The Economic Times - December 25, 2023 Category: Consumer Health News Source Type: news

Smit.fit merges with Droobi Health to form new entity DroobiSmit
The company has disclosed that DroobiSmit will have its headquarters in Singapore, a move aimed at solidifying its position as the primary digital diabetes solution provider across the GCC and South Asia. (Source: The Economic Times)
Source: The Economic Times - December 25, 2023 Category: Consumer Health News Source Type: news

Dengue to new strain of Covid: Diseases that made headlines in 2023
Amidst all this, a new strain of Covid called JN.1 created panic as cases jumped in Singapore. India is being affected too at the moment. (Source: The Economic Times)
Source: The Economic Times - December 23, 2023 Category: Consumer Health News Source Type: news

The connection between sleeping, breathing and brain
A recent study discovered that the way we breathe while we sleep may have an impact on the consolidation of memories in our brains. (Source: The Economic Times)
Source: The Economic Times - December 22, 2023 Category: Consumer Health News Source Type: news

Covid JN.1 variant just like a winter flu: Viren Prasad Shetty of Narayana Health
(Source: The Economic Times)
Source: The Economic Times - December 22, 2023 Category: Consumer Health News Source Type: news

Steady rise in number of Covid-19 cases: Government not considering travel curbs, mask mandates for now
While public health experts say that Covid-19 cases will increase in winters, they, however, stressed that there is no need to get another vaccine shot as the potential to cause severe illness from the latest variant of coronavirus is less than the previous variants. "Our best information is that the current Coronavirus vaccines, even those based on the ancestral strain such as those administered in India, should continue to work on JN.1. The disease severity associated with the sub variant JN.1 is expected to be comparable to the other circulating variants, not worse," said Gautam Menon, professor of physics and biology a...
Source: The Economic Times - December 21, 2023 Category: Consumer Health News Source Type: news

General Atlantic set to acquire Amar Ujala's hospital chain Cygnus Healthcare
GA will acquire about 51% stake held by existing investors - Eight Roads Ventures India, Evolvence India Fund and Somerset Indus Healthcare Fund. Besides the secondary transaction, GA will also acquire a small minority stake from the promoters along with a primary stake, sources said. (Source: The Economic Times)
Source: The Economic Times - December 21, 2023 Category: Consumer Health News Source Type: news