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TPG and General Atlantic join to acquire India's Fortis

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04-May-17 Private equity companies TPG and General Atlantic have joined forces in a bid to acquire Fortis Healthcare, India’s second-largest hospital chain by market value. The deal, if concluded, will also involve the purchase of the diagnostics arm SRL. [image: ET Healthworld]

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Medical technology for India – market of the future?

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02-May-17 India's demand for quality medical devices continues to increase, due to medical tourism, an increase in population, higher life expectancy and an increase in lifestyle diseases. However, the domestic industry is not able to meet this demand. [image: Messe Düsseldorf]

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Medtech firms, India locked in tussle after stent price sting

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29-Apr-17 Medical-technology companies plan to tell Indian officials that further price control measures would risk future investments. The lobbying effort by Abbott, Boston Scientific, J&J and others comes after the government set a cap for stents, slashing prices by 75 percent. [image: ET Healthworld]

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USAID, IPE Global & GE announce partnership to improve healthcare in India

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26-Apr-17 GE Healthcare and Partnerships for Affordable Health Access & Longevity have announced a partnership to address the needs of underserved communities in India. They will aim to reduce morbidity and mortality among women and children by leveraging private markets and community engagement to promote healthy behaviour change, improve access to primary healthcare, and reduce out-of-pocket expenses. [image: India Education Diary]

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Indian e-pharmacy Myra gets funds to expand in new markets

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26-Apr-17 Despite India's online pharmacy market regulatory hurdles and startups like Zigy shutting down, some investors are backing select ventures as they look to disrupt the pharma retailing industry. Bengaluru-based Myra has roped in Matrix Partners and Times Internet as investors, putting in around USD7-8 mn. Myra is planning to enter Mumbai, Delhi, Hyderbad and Pune. [image: Myra]

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