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Indian scientists develop credit-card sized ECG machine

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17-Mar-17 Scientists at the Bhabha Atomic Research Center have developed a micro sized Tele-ECG machine that can transmit an ECG over mobile phones and costs around USD62. The machine can be recharged via a mobile charger and the data can be transmitted via mobile network to a specialist, ideal for use in rural India. [image: NDTV]

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TPG sees Asia health, finance opportunities

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17-Mar-17 TPG, the US alternative-investment firm, sees opportunities in healthcare in Asia to meet untapped demand in some of the fastest-growing economies. The region is short of quality healthcare infrastructure, said Jim Coulter, co-CEO. TPG’s Asian investment arm manages USD6 bn in assets, including a stake in the United Family Healthcare chain of high-end Chinese hospitals. [image: Bloomberg]

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India’s price new controls on cardiac stents are not a welcome sign

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15-Mar-17 India's decision to put in place price controls on cardiac stents shows it is a country that isn't business-friendly, say representatives from the US Embassy in New Delhi. The country’s classification of the cardiac stents as an essential medicine requires that they abide by new regulatory guidelines and pricing regulations. [image: Hindustan Times]

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10% price hike cap on most medical devices in India

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11-Mar-17 In India, the prices of all medical devices except for stents, condoms and intrauterine devices can only be raised by up to 10% a year, the National Pharmaceutical Pricing Authority said. The regulator also clarified that all medical devices notified as drugs under the Drugs and Cosmetics Act will have to carry their maximum retail price on their packs. [image: ET Healthworld]

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Columbia Pacific acquires Serene Senior Care in India

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10-Mar-17 Seattle-based Columbia Pacific, owner of Columbia Asia Hospital Group, has acquired Serene Senior Care, a leading player in the housing segment for senior citizens in India. Columbia Pacific said it will significantly expand its senior housing portfolio over the next five years. It currently operates 735 units in South India, and plans to expand to 1,700 units by fall 2017. [image: Corp Expansion]

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