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Top Indian university joins forces with Roche Diagnostics amid thriving diagnostic market

The Indian diagnostic market, predominantly driven by private players, is facing intense competition. Valued at approximately $9.59 billion in FY21, the market is projected to grow to $25 billion by FY28. In recent news, the Manipal Academy of Higher Education (MAHE), one of India's top private universities, signed a Memorandum of Understanding (MoU) with Roche Diagnostics India, a leading biotechnology company, to establish a Centre of Excellence (CoE).
June 25, 2024

Paras Health expected to file for $120 million IPO

Northern India-based hospital chain Paras Health is set to file a Draft Red Herring Prospectus (DRHP), or offer document, with the Securities and Exchange Board of India (SEBI) by the end of June for an initial public offering (IPO) worth INR 1000-1200 crore (~$120-144 million) according to India’s The Economic Times.
June 17, 2024

KKR makes AI investment in India’s Infinx Services

AI continues to make inroads in healthcare. Digitalisation and the use of AI were prominent topics in nearly every panel discussion at the recent HBI 2024 conference, held from June 10 to 12, with 580 delegates from 40 countries in attendance.
June 14, 2024

India’s journey from a nurse-surplus country to nurse-deficient country

The world is facing a major healthcare workforce crisis. The effects of shortages are already being felt across both developed and developing countries. By 2030, the World Health Organisation (WHO) predicts a shortage of 10 million health workers globally, predominantly in low and lower-middle-income countries.
May 31, 2024
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