Panel to finalise list of over-the-counter drugs for sale at general stores
A three-member committee of gynecologists has been formed to finalize a list of over-the-counter (OTC) drugs that will be available in regular stores without the need for a prescription. The committee, chaired by Directorate General of Health Services Atul Goel, aims to complete the list within two weeks. This move is part of India's new OTC policy for drugs, which seeks to reduce treatment costs and promote self-care while ensuring safety. The list will be based on factors such as safety, availability, and non-habit-forming nature of the drugs. (Source: The Economic Times)
Source: The Economic Times - April 22, 2024 Category: Consumer Health News Source Type: news
HCG founder floats $20 million healthcare and life sciences fund
BS Ajaikumar launched the $20 million Inviga Healthcare Fund to support Indian early-stage healthcare companies, addressing funding and operational challenges. The fund recently invested $2 million in Mynvax for novel vaccines. (Source: The Economic Times)
Source: The Economic Times - April 17, 2024 Category: Consumer Health News Source Type: news
IIT Kanpur joins hands with Blockchain for Impact to accelerate healthcare innovation
IIT Kanpur partners with BFI under BFI-Biome Virtual Network Program to boost healthcare startups. $150,000 pledged for SIIC healthcare innovations. Emphasis on entrepreneurial initiatives, biomedical research, and impactful solutions. (Source: The Economic Times)
Source: The Economic Times - April 17, 2024 Category: Consumer Health News Source Type: news
Calcutta HC passes interim order in Glocal case
UpHealth, a digital health company, acquired a 95% stake in Glocal in 2020. The dispute started after UpHealth claimed their right to two directors on the board of Glocal as per the share purchase agreement (SPA) in September 2022, which was defeated in an extraordinary general meeting (EGM). (Source: The Economic Times)
Source: The Economic Times - April 16, 2024 Category: Consumer Health News Source Type: news
Do you consume protein supplements for health gains? Snapdeal's Kunal Bahl has a serious warning for you
A recent study exposes alarming findings about protein supplements, uncovering mislabeling, toxin contamination, and potential health risks. Led by researchers from Rajagiri Hospital in Kerala and a US-based tech entrepreneur, the study highlights the urgent need for stricter regulation in the supplement industry. Misleading labels and harmful toxins pose significant health hazards, prompting caution among consumers. The study's revelations underscore the importance of informed decision-making and regulatory reform to ensure product safety. (Source: The Economic Times)
Source: The Economic Times - April 16, 2024 Category: Consumer Health News Source Type: news
Max Healthcare readies Rs 5,500-crore outlay for capacity expansion
Max Healthcare has 4,000 beds, mainly concentrated in Delhi NCR. Of the fresh capacity, about 2,600 beds will become available over the next four years. The hospital chain is planning to open 300 beds in Delhi shortly besides commissioning 1,000 beds each in FY25 and FY26. (Source: The Economic Times)
Source: The Economic Times - April 16, 2024 Category: Consumer Health News Source Type: news
Max Healthcare Institute to invest Rs 5,000 cr on doubling bed capacity in 4-5 years
Max Healthcare Institute Ltd plans to invest Rs 2,500 crore in Uttar Pradesh (UP) which includes setting up of a new 500 beds hospital on 5.6-acre parcel of land located at Shaheed Path and augmentation of capacity of the acquired facility. (Source: The Economic Times)
Source: The Economic Times - April 16, 2024 Category: Consumer Health News Source Type: news
Royal Philips to expand its Healthcare Innovation Centre in Pune
Royal Philips expands its Pune Healthcare Innovation Centre, integrating R&D teams for various businesses. The new facility promotes sustainability and innovation, aiming to enhance patient and staff experiences while reducing the cost of care. (Source: The Economic Times)
Source: The Economic Times - April 15, 2024 Category: Consumer Health News Source Type: news
Royal Phillips to expand its Healthcare Innovation Centre in Pune
Royal Philips expands its Pune Healthcare Innovation Centre, integrating R&D teams for various businesses. The new facility promotes sustainability and innovation, aiming to enhance patient and staff experiences while reducing the cost of care. (Source: The Economic Times)
Source: The Economic Times - April 15, 2024 Category: Consumer Health News Source Type: news
India rubbishes Lancet report, says spending on healthcare is at all-time high
A recent Lancet report highlighted India's healthcare spending low at 1.2% of GDP, but government sources defended increased investments. The Health Ministry aims to reach 2.5% by 2025, with budgets rising significantly. Flagship initiatives like Ayushman Bharat aim to improve healthcare access, while efforts focus on reducing out-of-pocket expenses and expanding services nationwide. (Source: The Economic Times)
Source: The Economic Times - April 15, 2024 Category: Consumer Health News Source Type: news
'Demand for Indian healthcare profs to double nationally, globally by 2030'
Global shortage and an ageing population have spurred the demand for Indian healthcare professionals who are highly respected in the international markets for their skills, NLB Services CEO Sachin Alug told PTI. (Source: The Economic Times)
Source: The Economic Times - April 10, 2024 Category: Consumer Health News Source Type: news
Dhananjay Singh takes over as Merck Life Science India MD
In his role as the managing director, Singh will be responsible for driving the life science strategy in India, ensuring governance and compliance alongside other leaders from Merck's businesses in India. He joined Sigma-Aldrich in 1997. Over the years he took on several leadership roles in commercial organisations before his appointment as head of science and lab solutions commercial for India, a position he held since 2022. (Source: The Economic Times)
Source: The Economic Times - April 9, 2024 Category: Consumer Health News Source Type: news
How to use Niacinamide effectively in your skincare regimen
Here are six points detailing how to use niacinamide effectively in your skincare regimen. (Source: The Economic Times)
Source: The Economic Times - April 9, 2024 Category: Consumer Health News Source Type: news
World Health Day: India's healthcare sector reflects 12.59 per cent growth in 2024-25
The hospital market in India, valued at USD 98.98 billion in 2023, is set to continue its upward trajectory, with projections indicating a CAGR of 8.0 per cent from 2024 to 2032. By 2032, the market is estimated to reach value of USD 193.59 billion. (Source: The Economic Times)
Source: The Economic Times - April 7, 2024 Category: Consumer Health News Source Type: news
Prostate cancer cases to double between 2020 and 2040, deaths to rise by 85 per cent: Lancet study
The commission called for evidence-based interventions, including early detection and diagnosis, along with education and awareness programmes, to help save lives from prostate cancer in the coming years. (Source: The Economic Times)
Source: The Economic Times - April 5, 2024 Category: Consumer Health News Source Type: news
