Healthcare

Philips completes acquisition of BioTelemetry Royal Philips announced that it has completed the acquisition of BioTelemetry, Inc., an U.S.-based provider of remote cardiac diagnostics and monitoring. BioTelemetry’s financial results will be consolidated as part of Philips’ Connected Care business segment as of February 9.The acquisition of BioTelemetry is a strong fit with Philips’ cardiac care portfolio, and its strategy to transform the delivery of care along the health continuum with...

Budget brings a major impetus to health care reform The health care proposals in the 2021 Union budget, aligned with the vision of Atmanirbhar Bharat, have given a major impetus to health care reform in the country. It reflects the emphasis on three major aspects of prevention, healing and well-being involving primary, secondary and tertiary healthcare, which in turn will generate more jobs.Undoubtedly, the 138% increase of health and well-being...

“Focus on healthcare infra is a positive step” The FY22 Budget is in line to support recovery of Indian economy while keeping the overall policy stability and fiscal discipline in perspective. COVID 19 pandemic is an unprecedented time and has brought importance to healthcare in India. The focus on healthcare infrastructure in FY22 Budget is a positive step towards growth with a 137% increase in allocation to the sector at...

“Enhanced healthcare allocation augurs well for India” The Finance Minister has accorded special attention to the Healthcare Sector, increasing the overall outlay to health and wellbeing to nearly Rs.2.25 lakh crore, an increase of over 135% over last year. The enhanced allocation, along with the plan to look at healthcare wholistically – including nutrition, sanitation, clean drinking water and pollution control, certainly augurs well for the country. The allocation of...

Union Budget 2021 LIVE Updates Finance Minister Nirmala Sitharaman is presenting the Union Budget 2021. Here are the key highlights: #Budget2021 proposals rest on six pillarsHealth and Well-Being Physical and Financial capital and infrastructure Inclusive Development for Aspirational India Reinvigorating Human Capital Innovation and R&D Minimum Govt., Maximum GovernanceLIVE Updates: Time 11.52 New Centrally Sponsored Scheme #PMAatmanirbharSwasthBharatYojana to be launched, outlay of Rs 64,180 crore over 6 yearsLIVE Updates: Time 11.55 Jal...

Samsung launches New Wi-Fi enabled range of Compact VRF Air Conditioning System Samsung has launched large capacity Variable Refrigerant Flow (VRF) air conditioning systems in India that can be installed in just 0.5 sq metres of space in premium apartments, villas, bungalows, houses as well as commercial and retail establishments.The new side discharge VRF system—DVM S Eco—promises an extremely efficient, eco-friendly and quiet air conditioning solution and offers a specialized...

Imaginarium joins GE Additive Sales Partner Network to accelerate adoption of metal 3D printing technology in India GE Additive has selected Imaginarium to join its global sales partner network as an official sales partner in India. Imaginarium will resell GE Additive’s portfolio of metal additive manufacturing machines and metal powders which includes Direct Metal Laser Melting (DMLM) and Electron Beam Melting (EBM) technologies. The products are aimed at manufacturers across...