HLL Lifecare Limited (HLL), a Miniratna public sector enterprise under the Ministry of Health and Family Welfare (MoHFW), has paid a dividend of ₹69.53 crore to the Government of India for the financial year 2024–25, reaffirming its strong financial performance and contribution to India’s public
In a landmark move in the medical diagnostics sector, private equity firms Blackstone and TPG have announced plans to acquire Hologic, Inc., a leading medical technology company specializing in women's health diagnostics, for up to $18.3 billion, including debt. This deal represents the largest acquisition
In a significant step toward advancing medical research and innovation, the All India Institute of Medical Sciences (AIIMS), Guwahati, has inaugurated a dedicated Clinical Trial Unit (CTU) to facilitate high-quality clinical research, drug development, and evidence-based healthcare in the North-Eastern region of India. The newly inaugurated
New Delhi, 15th October 2025: Healthium Medtech, a global medtech company with a growing portfolio across surgical, post-surgical, advanced wound care, arthroscopy and infection prevention, has announced an exclusive partnership with US-based Tisgenx, Inc., the world’s leading manufacturer of bovine pericardial tissue patches. These patches,
MedGate Today, India’s top and one of the world’s foremost healthcare magazines, is proud to announce its ambitious global expansion plan. After the overwhelming success of its Middle East and Africa editions, with a strong base established through its Dubai office, MedGate Today is now
The Government of India has announced the launch of the PRIP (Promoting Research and Innovation in Pharma-MedTech) scheme, inviting proposals from industry players, startups, and research organizations for high-impact projects aimed at strengthening India’s pharmaceutical and medical technology ecosystem. The initiative is designed to accelerate
Tata Elxsi, a global leader in design and technology services, today announced the inauguration of the ‘Bayer Development Centre in Radiology’ at Tata Elxsi, Pune, India. The centre is designed to co-develop with Bayer, a leader in key areas of Radiology, advanced radiology devices and
Visakhapatnam/New Delhi, India | 9th Sept 2025: The World Trade Center (WTC) Tower, a landmark addition to the Andhra Pradesh MedTech Zone (AMTZ) campus in Vizag, has been operationalized, offering one lakh square feet of cutting-edge infrastructure to fuel India’s MedTech innovation ecosystem. This flagship
The Andhra Pradesh government has launched the Bharat Biodesign Research and Innovation (BRAIN) programme to advance affordable, AI-driven healthcare and medtech innovation, in collaboration with Stanford Biodesign and leading global partners. Programme Overview Chief Minister N. Chandrababu Naidu inaugurated the BRAIN initiative at the Ratan Tata Innovation
In light of the recent GST reform developments and the Group of Ministers’ (GoM) endorsement of the Centre’s proposal to simplify GST slabs, we would like to bring your attention to the significant implications for the healthcare sector . The proposed changes - eliminating the
