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Global Health, best known as the owner of Medanta, a chain of hospitals in north and east India, has sought the markets regulator’s approval for its initial public offering (IPO). As part of the IPO, Global Health, founded by Naresh Trehan, a cardiovascular surgeon, and Sunil Sachdeva, an entrepreneur, will sell new

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On Thursday, Prime Minister Narendra Modi informed that healthcare expansion of AIIMS network from six to 22 and upgradation of super-speciality hospitals will improve the network of healthcare systems in the country. He asserted that more than 170 new medical colleges have been set up in the last six to seven years with

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On Thursday, Merck & Co (MRK.N) said it would buy Acceleron Pharma Inc (XLRN.O) for about $11.5 billion, broadening its portfolio beyond aging cancer drug Keytruda with potential treatments that could bring in fresh revenue. The deal gives Merck access to Acceleron's rare disease drug candidate, sotatercept, which the company

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On Thursday, a Montana judge issued a temporary, 11th-hour halt to enforce the three state laws restricting abortion, a ruling issued just hours after he was assigned to preside over a Planned Parenthood legal challenge. Yellowstone County District Judge Michael Moses stated that he was granting

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A grand finale event with the announcement of winners today, marked the end of first phase and start of next phase focusing on deployment of solutions, of Healthcare Innovation Challenge (HIC)#2, which is a unique initiative of NASSCOM Centre of Excellence CoE– IoT & AI

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Doctors in California are utilizing cutting-edge lung scans to understand the effects of 'long COVID' among patients who suffer severe symptoms months after their initial stage of infection. According to founder and Chief Executive Andreas Fouras, The scans by 4DMedical allow physicians to detect areas of

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On Wednesday, Mirum Pharmaceuticals Inc (MIRM.O) said its drug became the first U.S. approved therapy for treating itching in patients with a rare liver disorder called Alagille syndrome (ALGS). Chief Executive Officer Chris Peetz said "(Itching) is really devastating for children and families dealing with this disease

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On Wednesday, the U.S. House Judiciary Committee voted to approve three bills to restrain practices drugmakers use to raise prices and fend off competition, including a bill to ban the tactic of paying generic companies to delay bringing cheaper versions of their medicines to market. Committee

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