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Policy on Foreign Direct Investment in the Pharmaceutical Sector

New Delhi November 30, 2013: The Cabinet considered the proposal of the Ministry of Commerce and Industry, for review of the policy on foreign direct investment in the pharmaceutical sector. The Cabinet decided that the current policy in brownfield...

Wellness Forever raises Rs. 20 cr from investors

Mumbai, April 24, 2015: Wellness Forever, a Mumbai-based retail pharmacy chain, has raised Rs. 20 crore from a consortium of investors in exchange for a minority stake in the company. The investors — high networth individuals and family offices...

Private Sector Investment in Health Sector

New Delhi, January 08, 2018: Under National Health Mission (NHM) technical and financial support is provided to the States/UTs to strengthen their health systems, including support for provision of healthcare services through Public  Private Partnership, based on the requirements...

Apollo Hospitals to invest Rs 2,033 crore to open 12 hospitals in 3 years

New Delhi, September 08, 2014: Healthcare major Apollo Hospitals Enterprise plans to open 12 hospitals in the next three years that entail an investment of Rs 2,032.7 crore. As per the plan, the company will add 2,175 beds over next...

7th India-Russia Trade and Investment Forum focuses on Pharma, tourism and services

New Delhi, September 22, 2013: A high level delegation of 120 Indian business leaders led by Union Minister of Commerce and Industry, Shri Anand Sharma discussed various business opportunities with their Russian counterparts at India-Russia Trade and Investment Forum...

US Pharmacopoeia to invest $200 m

Hyderabad, May 28, 2015: The US Pharmacopoeia (USP) will be ramping up its operations in India, according to KV Surendranath,The USP, a scientific non-profit organisation that sets standards for the identity, strength, quality, and purity of medicines, will be investing...