healthcare sector - Latest News, Analysis, Opinion

Based on official figures, 59 children in Hamal (March 22, 2023, to April 22), 94 children in Saur (April 23 to May 23), 84 children in Jawza (May 24 to June), and 45 malnourished children in the current month have been hospitalised at the Indira Gandhi Children's Hospital.

India To Set Up Super-speciality Hosp, Dialysis Units, Sea Ambulances In Pacific Region: PM Modi

Other medicines are also available at a discounted price, ranging from 60 per cent to 90 per cent of the market cost. I propose bringing similar Jan Aushadhi Centers to your countries, said Modi on Indian aid to Pacific region

Divi's Labs PAT Slumps By 64.2% In Q4FY23

Divi's Laboratories on Saturday announced its earnings for the fourth quarter and full year FY23. The company posted a drop in its net profits by 64.2 per cent year on year (YoY) in the March quarter to Rs 320 crores down from 894 crores in the same quarter of the previous year

Novavax Lays Off 25% Workforce, Outlays 2023 Outlook

Biotech firm Novavax is reducing its global workforce by 25 per cent as it pushes ahead with cost-cutting measures aimed at dealing with sluggish demand for its COVID-19 vaccines and generating revenue. The layoffs, which are part of plans aimed at cutting research and commercial costs by up to 25 per cent, would involve about 498 jobs out of its current 1,992 full-time employees.

EU States Seek To Reduce Dependency On China For Pharmaceuticals

A group of 19 European Union member states are pushing for measures to reduce the bloc's dependency on Chinese imports of pharmaceutical ingredients, a paper dated May 2 showed. The move comes a week after the European Commission proposed an overhaul of the legislation governing its 136 billion euro (USD 148 billion) pharmaceuticals industry

India Reports 6,660 New Covid Cases In Last 24 Hours

Having 9,213 recoveries in the last 24 hours, India's total recovery increased to 4,43,11,078 with the recovery stand at 98.67 per cent

Whistleblower Fraud Cases: SC To Consider Key Standard Against Pharmacy Operators In US

The litigation was filed under a law called the False Claims Act that lets individuals sue on behalf of the US government when they have evidence of fraud against federal programs. The whistleblowers, seeking monetary damages, accused the companies of offering prescription drugs at discounted prices to most customers paying out of pocket, while improperly charging higher rates to the government. Government healthcare programs reimburse pharmacies for dispensing covered drugs to beneficiaries.

2nd G20 Health Working Group Meet to Commence in Goa Today

More than 180 Delegates from G20 countries, Invited states and International Organizations to participate in 2nd Health Working Group Meeting

The Whole System Has To Change For Outcome Based Payments: Dr Ashutosh Raghuvanshi

In an exclusive interaction with BW Businessworld, Dr Ashutosh Raghuvanshi, MD & CEO, Fortis Healthcare delineates on the growth of the hospital industry, outcome based payment model, slashing costs, PPP models and the hospital chain’s plans for expansion & acquisitions

D2C Sector: Around 63% Of Consumers Are Willing To Try Products Before Purchasing

The study further dissects consumer behaviour across 5 focus categories - personal care, makeup, fragrances, health & wellness and food & beverages

36% Of Asthmatics Don't Accept Inhalers As An Effective Way To Manage Asthma

Key findings from the study included that, 36 per cent of individuals still do not accept inhalers as an effective way to manage asthma, with 40 per cent of parents still believing that inhalers aren’t suitable for children

Our Hospital Setups With All Facilities Cost Us Rs 10-15 Lakhs Per Bed Versus Rs 1.5 Cr Per Bed: Dr Shuchin Bajaj

Dr Shuchin Bajaj, Founder Director, Ujala Cygnus Hospitals speaks with BW Healthcare World on the evolving scenario of tier 2 and tier 3 cities, maintaining profitability, operating on low costs, leveraging technology and overcoming challenges of delivering healthcare in the towns

Healthcare Budget Advances By 3.4 %, Major Schemes See Downfall In Allocation

The overall budget outlay given to the Ministry of Health and Family Welfare has increased by 3.42 per cent against Rs 86,200 crores given in the FY2021-22. While the health research corpus dipped by 6.8 per cent from Rs 3,200 crores in the FY22-23, a contraction of Rs 220 crores

Budget 2023: Govt Should Position India As Innovation, R&D Hub For Healthcare Sector

Jimit Shah