Apollo Hospitals’ takeover of Nova Specialty : what it means #indiahealth

Earlier this month, Apollo Health and Lifestyle Limited (AHLL), owned by the Chennai-based Apollo Hospitals group, acquired Nova Specialty Hospitals, a chain of short-stay surgery hospitals, from Nova Medical Centres. The deal piqued my interest for more than one reason. I spoke to Neeraj Garg, CEO, of AHLL, and Mahesh Reddy, co-founder and director of … Continue reading Apollo Hospitals’ takeover of Nova Specialty : what it means #indiahealth

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Will India’s new #FDI policy in #MedTech have the intended effect?

India has decided to liberate foreign direct investment (FDI) in the medical devices sector from the conditions imposed on its pharmaceutical cousins. This begs the question : to what end? To recap, from January 21, FDI in medical devices will qualify for automatic approval of up to 100 per cent. Notably, this is irrespective of … Continue reading Will India’s new #FDI policy in #MedTech have the intended effect?