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The Budget provides for creation of more public healthcare network and medical institutions, talks about free drug service and diagnosis services to the poor and attracting investment in biotechnology but in general it gives the healthcare sector a miss.
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Mumbai-based healthcare-focused private equity firm Somerset Indus Capital Partners has invested around Rs 20 crore ($3.32 million) in medical imaging equipment manufacturer Prognosys Medical Systems and its sister concern Chayagraphics, which distributes medical products, as per a report by The Economic Times, citing a top executive.
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Sun Pharmaceuticals’ proposal to acquire Ranbaxy Laboratories is good for the ailing company, which now has a better chance to come out of the mess it is in, according to industry leaders and experts.
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Mumbai-based Elder Pharmaceuticals Ltd is selling its domestic formulation business in India and Nepal to Ahmedabad-based drug maker Torrent Pharmaceuticals Ltd for Rs 2,004 crore, the companies said in a filing.
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Sequoia Capital exited its three-year old investment in Delhi-based healthcare startup Cygnus Medicare Pvt Ltd a few weeks ago in what could arguably be one of its first full exit this year, sources ...
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If there is one segment in healthcare space where Indian companies have been just bit players, it is medical equipment and devices. While global giants like Siemens, Philips and GE dominate the top-...
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It is no secret that the healthcare sector has witnessed rising interest from private equity firms over the recent past. In fact, 2012 was a record year in terms of PE deals, both in volume and value ...
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Indian healthcare-focused PE firm Somerset Indus Capital Partners has invested in tertiary care hospital chain Cygnus Medicare. The investment will support the chain’s expansion across Haryana and the National Capital Region (NCR) surrounding Delhi.
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Cygnus Medicare Pvt Ltd, which manages and operates hospitals in Delhi-NCR and Haryana, has secured an undisclosed amount from Somerset Indus Capital Partners. The company plans to use the funds to expand its hospitals across Delhi-NCR and Haryana.
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Somerset Indus Capital Partners, a private equity firm focused on making healthcare investments in India, has concluded its second investment by picking up a stake in Express Clinics Pvt Ltd, a ...
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