Fortis Healthcare Ltd announced the acquisition of 5,970,149 equity shares from the International Finance Corporation, representing a 7.61 per cent stake in its material subsidiary, Agilus Diagnostics Ltd. "The company on December 20, 2024, at 07:18 PM has acquired 5,970,149 equity shares as held by International Finance Corporation in Agilus Diagnostics Limited from IFC," said Fortis Healthcare in a regulatory …
Chennai: The Indian healthcare sector is projected to reach $638 billion by 2025 with hospitals, pharmaceuticals and diagnostics seeing faster growth post the pandemic. Valued at $110 billion in 2016, the Indian healthcare market reached $372 billion in 2023, marking a 22.5 per cent CAGR growth and is expected to touch $638 billion in 2025. The sector has seen a …
The Truenat platform, a rapid molecular test for the diagnosis of pulmonary, extrapulmonary, and rifampicin-resistant tuberculosis, that was developed in India, has been hailed for its role in combating TB and as a possible component of global healthcare solutions at the recently-held 77th World Health Assembly in Geneva. At the World Health Assembly, The Global Fund, which collaborates with the …
Intel has pledged an additional $50 million in a pandemic response technology initiative to combat the COVID-19 through accelerating access to technology at the point of patient care, speeding scientific research and ensuring access to online learning for students. Included in Intel’s effort is an additional innovation fund for requests where access to Intel expertise and resources can have immediate …