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Amazon’s Indian e-pharmacy play triggers rapid consolidation

In the space of a week, Amazon has launched an online pharmacy pilot in India, the country's largest retailer has retaliated by buying a controlling stake in established rival Netmeds, and the market's other two largest players - PharmEasy and Medlife - have merged to create a $1.2bn+ valued company. This is despite ongoing legislation that might ban e-pharmacies from any activity at all.

DIY: The key to building a dental network in India

If you’re building a dental network and can’t find the infrastructure you need, build it yourself. That’s the view of Louis Shakinovsky, chairman and co-founder at Global Dental Services, which as Clove Dental runs India’s biggest dental group. HBI caught up with him last week to find out more.

Fortis asks Supreme Court to unblock sale to IHH

Could the end of the Fortis Healthcare sale saga finally be in sight? Fortis has asked the Indian Supreme Court to allow IHH to finally start its open offer, nearly two years after the acceptance period was due to start.

COVID takes shine of Apollo’s Q4 results

The Q4 results of India's largest hospital group by revenue, Apollo Hospitals, show the effect of a falling footfall, deferred electives and the loss of medical tourism will make for a troubling start to FY21.

Aster shows Covid impact on India and GCC

Thanks to Covid, Aster DM, the GCC to India clinic, hospital and pharmacy chain, saw a 25% drop in revenue across both geographies in April. May and June have seen improvements with a return to normal expected in the autumn, providing there is no second wave. We look in detail at the impact of Covid in March to June and report full year results to March 2020.

CVC bumps up offer price for HCG

PE firm CVC has increased its offer for Indian oncology chain HCG in anticipation of a rival bid from another of the cancer chain's large shareholders, Temasek. 

Teleradiology’s elective volumes crash

Teleradiology providers across Europe have seen volumes crash for elective reads because of the shut down of non-essential work in public hospitals, while emergency reads have been less badly affected. But operators' low fixed costs should mean that profits will hold.

Indian hospitals fear capacity crisis as lockdown lifts

Despite soaring coronavirus cases, India is lifting the lockdown it put in place at the end of March. HBI talks to one concerned operator who acknowledges that though cases are set to soar, the economic imperative is too compelling to ignore.

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