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39 more drugs come under price control in India

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17-Jul-15 India has extended price controls to 39 more drugs used to treat diseases such as diabetes, infections, digestive disorders and pain among others, in an effort to make them affordable. Prices are being reduced by 5-40% and they join 652 medicines already under price control. [image: The Hindu]

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Chinese companies to invest USD1 bn in med tech in India

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09-Jul-15 The Indian state of Karnataka is on the radar of Chinese businesses from Yunnan, lead by Sunpa Group, which are expected to invest up to USD1 bn in an industrial park at Vasanthnarasapura, including investments in telemedicine, medical equipment manufacturing, solar power and tech research. [image: Economy Watch]

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It's official: India's private hospitals cost an arm and a leg

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09-Jul-15 Private hospitalization in India is prohibitively costly, a survey by the National Sample Survey Organization has found. On average treatment at a private hospital costs over three times more than at a government facility. People go to private hospitals because government hospitals are so few and under so much pressure, according to the People's Health Movement. [image: Live Mint]

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New VC fund for India's pharma industry

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28-Jun-15 As part of the Make in India strategy, India's government plans to set up a INR5 bn (USD79 mn) fund to boost the domestic pharma industry and provide cheaper loans for manufacturing. It is also considering single window clearance for drug approvals, to help rejuvenate the local pharma sector and make medicines more affordable. [image: ET Healthworld]

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