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Nl healthcare sep 26 - oct 2, 2015


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Gyan Research weekly newsletter on #healthcare sector

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Nl healthcare sep 26 - oct 2, 2015

  1. 1. Policy News  Pradhan Mantri Janaushadhi Yojana to be launched soon The Union Government will launch the Pradhan Mantri Janaushadhi Yojana by the end of October 2015. The government expects to set up 3,000 generic medicine outlets by FY2016. Under the scheme, 200 medical devices, 504 medicines and other items made by public sector undertakings will be on sale. With this scheme, the government aims to employ B. Pharmaceuticals youths, NGOs and charitable trusts. The Ayurvedic medicines will no longer be sold at the generic medicine shops. The B. Pharma graduates can get shop space at the rural health centres, government's primary health centres, and district hospitals. Industry News  IISc developed project to train nurses at three Bengaluru hospitals Indian Institute of Science (IISc) has developed an INR 22.45 lakh project where Mannequins will be used to train nurses in post-operative cardiac critical care at three Bengaluru hospitals. The project is funded by the Karnataka Knowledge Commission. The nursing training stimulator consist of a central processing unit and a mannequin with human-like displays of palpable pulse, blood vessels, chest rise, stomach distension as well as with interfaces normally present in a critical care ward. It will be piloted at Sri Jayadeva Institute of Cardiovascular Sciences and Research, Narayana Health, and St. John's National Academy of Health Sciences. IISc's Centre Product Design and Manufacturing (CPDM) are setting up the scenarios into the simulators to train nurses to face critical situations in an ICU-like environment. This project was sanctioned in April 2015. IISc will deploy the three stimulators by January 2016.  TTK Healthcare partners with PSG IMSR for its low-cost heart valve project TTK Healthcare Limited has become the industrial partner of PSG Institute of Medical Sciences and Research (PSG IMSR), Coimbatore to develop low cost replacement prosthetic heart valves for India. PSG IMSR is developing the heart valve with The Ohio State University (OSU) and Colorado State University (CSU), funded through a grant from National Institutes of Health (NIH). TTK Healthcare will involve in the occurrence of entire pre-clinical trials in India. After the success of the trails, TTK Healthcare would commercialise the technology. This heart valve is expected to be superior to current mechanical and tissue-based heart valves and thereby reduce patient’s need for medication to prevent blood clots.  Abbott seeks to increase investment in R&D, expand in India Abott plans to increase its investment in research and development (R&D) and strengthen its India’s manufacturing plants to cater to domestic market and exports. The amount of investment is yet to be disclosed. The company seeks to increase local sourcing for its nutritional product business, increase its capabilities, infrastructure, and staff at both its pharmaceutical and nutrition R&D facilities to innovate and introduce new product in India. It will also support Indian dairy farmers. The company has expanded manufacturing facilities and increase pharmaceutical development in Mumbai and Baddi in Himachal Pradesh to meet growing needs in India. © Gyan Research and Analytics Pvt. Ltd., 2015 1 Healthcare News September 26, 2015 – October 2, 2015
  2. 2. © Gyan Research and Analytics Pvt. Ltd., 2015 2  Dr Batra's launches first UK clinic India’s homeopathy brand Dr.Batra has launched its first clinic in Wembley, UK. The company has opened the branch in UK to provide the advantage of its homeopathy to Indians who live in the UK. Dr. Batra has 208 clinics across 115 cities in India, UK, Dubai and Bangladesh.  Fortis launches La Femme hospital in Bengaluru Fortis India has launched a boutique hospital for women ‘La Femme’ in Bangalore. This hospital will offer a complete range of medical services catering to women of different ages. The centre has formed while focusing on contemporary women and the multiple roles they play. La Femme aims to offer top-notch clinical care, state-of-the-art facilities and infrastructure to women as well as trained the women staff to make them experienced in a warm and nurturing environment. A department of this Bangalore centre caters to the holistic birth care needs of a woman, Mamma Mia, which complements the La Femme brand, thereby offering varieties of complimentary services from Lamaze classes to fertility counseling.  Jharkhand government launches online medicine service The Jharkhand government has launched its first telemedicine services to spread healthcare to remote areas through technology and provide best healthcare to all the people of the state. It has launched the online pilot project in Hazaribag district. Under the project, 50 primary health centres of Hazariburg district were connected to sadar through Pragya Kendras. As per the service, the health department will deliver support to rural primary health centres through sadar hospitals and medical colleges. This portal will provide prescriptions and suggestions to patients online, as well as offer a platform to monitor health initiatives including immunization programs and several health indicators.  Apollo partners with Uber Apollo Hospital has tied up with Uber to provide free rides to people visiting the hospitals across 11 cities in India, such as Ahmedabad, Bengaluru and Kolkata among others, for booking a health checkup. Non- existing users of Uber would now avail to get a free ride and the existing users would get a 10 percent discount on Apollo Personalised Health Check (APHC) & DNA+ from Datar Genetics as well as a 15 percent discount on Apollo Heart check and Whole Body check for three weeks. Apollo will provide a promo code to all new Uber users which include two free rides worth INR 250 each.  Mayo Clinic to set up cancer research institute in Odisha Top global cancer research institute, Mayo Clinic, plans to set up a cancer research institute in Odisha. This new institute will have research and training programmes in oncology. To set up the cancer institute, Odisha state government, All India Institute of Medical Science (AIIMS) and Council of Scientific and Industrial Research (CSIR) will provide all possible support. Healthcare News September 26, 2015 – October 2, 2015
  3. 3. © Gyan Research and Analytics Pvt. Ltd., 2015 3 Investment News  Fortis to reacquire stakes in SRL Fortis Healthcare will repurchase 3.1 percent stake in SRL limited from the investors, Sabre Partners Trust, Spring Healthcare (P) Ltd and Spring Healthcare India Trust, for INR 105 crore. The Board of Directors of Fortis has approved the acceptance of Right of First Refusal (ROFR) notice, which was issued by these investors and agreed to buy the cumulative investors shareholding worth around 24.88 lakh equity shares. As per the ROFR notice, the investors would transfer their entire shareholding in SRL Ltd to the company. This acquisition will increase its equity shareholding in SRL Ltd to 57 per cent from the current shareholding of 53.9 per cent.  GSK Pharma acquires Novartis’ vaccine business GlaxoSmith Kline Pharmeceutical Limited (GSK) India has completed acquisition of Novartis’ vaccines business and divests its oncology portfolio to Novartis India. GSK acquired Novartis at an investment of USD 7.1 billion. This transaction provides opportunity to GSK to build stronger, sustainable global vaccines business, which will enhance GSK's vaccines. This acquisition will bring together its expertise in bacterial infection, virology, and technological platforms for delivering a reliable supply of high quality vaccines. With this acquisition, GSK while accessing Novartis vaccines business will cater to anti rabies and meningitis vaccine. Healthcare News September 26, 2015 – October 2, 2015
  4. 4. © Gyan Research and Analytics Pvt. Ltd., 2015 4 Weekly Snapshot Source: Ministry of Health and Family Welfare Healthcare News September 26, 2015 – October 2, 2015 Pregnancy Care for all India during April 2014 - March 2015 States Pregnancy Care FY2015 FY2014 A & N Islands 0.6321 0.6527 Andhra Pradesh 0.4061 0.4738 Arunachal Pradesh 0.0885 0.1278 Assam 0.4735 0.4935 Bihar 0.3046 0.336 Chandigarh 0.5183 0.4247 Chhattisgarh 0.3924 0.3998 Dadra & Nagar Haveli 0.1819 0.2865 Daman & Diu 0.1731 0.2139 Delhi 0.1938 0.2154 Goa 0.3546 0.4109 Gujarat 0.407 0.4983 Haryana 0.4312 0.4489 Himachal Pradesh 0.4728 0.4813 Jammu & Kashmir 0.2618 0.2294 Jharkhand 0.2332 0.2813 Karnataka 0.4943 0.5899 Kerala 0.5334 0.6059 Lakshadweep 0.5588 0.715 Madhya Pradesh 0.4015 0.4365 Maharashtra 0.3889 0.4344 Manipur 0.1737 0.1606 Meghalaya 0.1845 0.1913 Mizoram 0.3789 0.4283 Nagaland 0.0778 0.0786 Odisha 0.4605 0.4839 Puducherry 0.3093 0.2406 Punjab 0.4888 0.5385 Rajasthan 0.3644 0.434 Sikkim 0.4678 0.5121 Tamil Nadu 0.6153 0.6563 Telangana 0.4088 0.5338 Tripura 0.3181 0.3038 Uttar Pradesh 0.3254 0.4159 Uttarakhand 0.3824 0.4487 West Bengal 0.4272 0.4555
  5. 5. © Gyan Research and Analytics Pvt. Ltd., 2015 5 Market Entry Strategies Market/ Marketing Research Pre-Feasibility, Feasibility & TEV Studies Equity Research & Valuation Economic Intelligence Our Business Practices Business Research Central Delivery Centre BD-9, Sector-1, Salt Lake City Kolkata - 700 064, India Phone: +91-33- 40060084 Corporate Office LG 37-38, Ansal Fortune Arcade, Sector - 18, Noida - 201 301 Delhi NCR, India Phone: +91-120- 2511945 E-mail: Website: Branch Office - Mumbai Branch Office - Bangalore Branch Office - Hyderabad Healthcare News, September 26, 2015 – October 2, 2015