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Indian medical device public procurement norms come into force

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11-May-18 Medical devices, hospital equipment and diagnostic reagents in India should now have a minimum local content of 25-50% to qualify for public procurement, as the Department of Pharmaceuticals has finalised the new norms amid expressions of discontent. [image: News4Pharma]

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China’s Lepu Medical set to enter India

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11-May-18 China-based Lepu Medical Technology, distributor of high-tech medical devices, equipment, mobile medical services and pharmaceuticals, is set to make its foray into Indian medical devices and equipment market through its subsidiary, Lepucare India Vascular Solutions. [image: Biospectrum Asia]

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Apax to buy TPG’s Healthium Medtech for USD300 mn

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06-Apr-18 British buyout fund Apax Partners is acquiring Healthium Medtech for USD300 mn from PE firm TPG Growth. This will be Apax’s second healthcare deal in India after its 2007 debut with an investment in Apollo Hospitals Enterprises. [image: ET Healthworld]

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