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AiMED, Invest India ink MoU to promote Indian medical devices sector

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17-Feb-17 The Association of Indian Medical Device Industry has inked an MoU with Invest India to promote manufacturing of medical devices and components in India. The team also aims to reach out to companies in major medical devices destinations like Taiwan, Japan, South Korea, Italy, Israel, Germany and the US for technology sourcing and manufacturing JVs. [image: Martupdate]

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India should strengthen its diagnostic capabilities

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16-Feb-17 SLifestyle diseases are an epidemic in India. The earlier a disease is diagnosed, the more likely it can be cured or managed. That's because medical diagnostic tests intervene and help prevention at a stage when treatment and cure is possible. This makes continued innovation in diagnosis supremely important for delivering better health delivery standards and a healthier, disease free population. [image: PATH]

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India's biggest healthcare deal will create rival to Apollo

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16-Feb-17 Global investor TPG Capital is attempting the biggest M&A deal in the Indian healthcare industry through a consolidation of Fortis Healthcare and Manipal Health Enterprises. This would create the country’s largest healthcare services group rivalling current leader Apollo Hospitals. The deal-making is likely to be a multi-staged affair, possibly spanning over the next 18 to 24 months. [image: The Economic Times / Fortis]

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Teleradiology Solutions and GE Healthcare join hands to improve radiology interpretation in India

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14-Feb-17 Teleradiology Solutions and Wipro GE Healthcare announced a partnership – RadSpa - to make Remote Radiology Reporting Services available to healthcare providers across India, especially in Tier 2 and beyond markets. The partnership will provide 365/24/7 services to public and private healthcare customers of GE, backed by a team of over 50 radiologists across India. [image: GE Healthcare]

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Plans to establish pharma & medical technology zone at Bengaluru

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14-Feb-17 The Indian government is planning to establish an exclusive zone for pharma and medtech in Bengaluru to give a boost to domestic production of these products under the Make in India initiative. Minister Mansukh Lal Mandaviya said the recent approval of the zone in Andhra Pradesh has attracted over 30 investment proposals. [image: Business Standard]

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