19-Apr-17 The Indian nutraceuticals market is expected to reach USD8.5 bn by 2022, from USD2.8 bn in 2015. Functional food & beverages are expected to grow with a higher growth rate than dietary supplements (currently 65% of the market) due to increasing visibility in modern retail formats and TV advertisements. [image: Business Standard / Shutterstock]
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18-Apr-17 India embarked on its health reform journey a decade ago and is still far below its target of medical specialists per 1,000 people. To help bridge this gap, companies such as Becton Dickinson are collaborating with the government to assist in skilling and training. BD launched training courses and curriculum for super specialty paramedical care. [image: ET Healthworld]
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12-Apr-17 Indian health tech startup Lybrate has raised USD3 mn in new funding to achieve its goal of connecting patients with doctors in India and helping to raise awareness of basic medical practices. The startup’s biggest rival is Practo, which offers doctor-finding and health information, and has also raised several million US dollars in past month.
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09-Apr-17 Gleneagles Global Hospitals, a Parkway Pantai Enterprise, has opened its newest facility in India, Richmond Road, spread over 15,000 sq ft, housing 10 core specialties with state-of-the-art equipment and diagnostics, offering multi-disciplinary care. Dr K Ravindranath, Chairman & Founder, said, “Our new hospital at Richmond Road is a significant addition to our ongoing efforts in medical excellence.” [image: ET Healthworld]
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08-Apr-17 Indian online doctor discovery and healthcare tech platform Practo has laid off 150 employees following its annual appraisal. The company said “this is a combination of performance and natural redundancies that emerge as we evolve our businesses and integrate our five acquisitions. We continue to rapidly grow our consumer and enterprise businesses and will continue to hire talent across the board”. [image: Times of India]
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