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Foreign players can now invest in Punjab’s health sector

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21-May-15 The Punjab Cabinet in India has given the nod to foreign players to invest in the healthcare sector, including setting up hospitals in the upcoming Medicity project at Mullanpur in Mohali. The amended policy allows 100% owned subsidiaries, and JVs by foreign health institutions. [image: The First Mail]

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India okays plan to monitor medical device safety

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16-May-15 After several horrific cases of malfunctioning medical devices, India's health ministry has approved a materio vigilance program in an effort to ensure safety. Despite being a USD3.1 bn market, India has no system for registering adverse events or tracking safety records. The proposed plan envisages a nation-wide programme involving district hospitals, medical colleges and corporate hospitals. [image: Health Technology]

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India's Wockhardt charts growth plan

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14-May-15 India's Wockhardt Hospitals, part of the Habil Khorakiwala-promoted Wockhardt Group, has chalked out an expansion plan, looking at adding two hospitals every year, particularly in tier-I and tier-II cities. In 2014, the firm opened a 350-bed hospital in south Mumbai, its first in four years. [image: Mint]

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Free diagnostic tests scheme to be launched in India

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12-May-15 India's government has come up with a scheme that will offer free diagnostic tests to people visiting public health centers. Under the scheme, private health service providers will collect blood samples, conduct analysis and provide reporting in locations where public infrastructure is lacking. CT scan services will also be developed at district level under public-private partnership. [image: Newsgram]

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Taiwan’s Apex Medical forays into Indian healthcare market

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06-May-15 Taiwan’s Apex Medical Corp is foraying into India to tap the growing healthcare market and plans to sell ‘quality and affordable’ equipment to hospitals and nursing homes. “We chose India... because it has a huge population and a new government that is willing to make a big change,” Daniel Lee, CEO, Apex Medical Corp, told reporters. [image: Apex Medical Corp]

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