Mumbai, September 25, 2014 – Frost & Sullivan successfully hosted its 6th Annual India Healthcare Excellence Awards at Taj Lands End, Mumbai recognizing distinguished achievers in the Indian healthcare industry. The banquet witnessed the presence of the who’s who in the healthcare sector, and deserving companies and individuals were felicitated for their innovative growth strategies and solutions.
This year, 26 awards were presented to companies and individuals who demonstrated best practices in the Indian healthcare and life sciences industry. The awards program followed a rigorous methodology to recognize superior planning and execution of product launches, strategic alliances, distribution strategies, technological innovations, customer services, healthcare delivery services, and mergers and acquisitions. Other crucial factors used to evaluate the nominees included leadership qualities, strategy, growth, service, innovation, integration, marketing, and financial performance.
On the occasion, Jayant Singh, Director, Healthcare and Life Sciences Practice, Frost & Sullivan said, “This year, we have sought to recognize companies who have demonstrated excellence in business process innovation, service delivery innovation, and product innovation. Although currently some of them are niche, they have shown promising impact on the healthcare industry and are expected to grow at a steady pace to become well established in the near future. The award categories spanned across the breadth of the healthcare industry including Medical Technologies, Pharmaceuticals and Biotechnology, and Healthcare Delivery Services. While these award categories are identified by our team and ratified by an eminent panel of external jury members, special awards were conferred by Frost & Sullivan to leaders who have dedicated themselves toward addressing India’s pertinent healthcare challenges, making an indelible impact on this industry.”
Frost & Sullivan followed a rigorous 10-step process to conduct a detailed evaluation of the shortlisted companies for the financial year 2013-14 and identify the award recipients. This process saw external jury members, eminent personalities, and key opinion leaders in the healthcare industry rate each company across 8-10 parameters based on research data provided by Frost & Sullivan and the jury members’ own understanding of the market as a subject matter expert.
The Esteemed Jury for the Awards this year included the following eminent personalities:
The Media Partners supporting this edition of the Awards were HealthBiz India, Healthcare Executive, Hospital & Healthcare Management, Medical Buyer, Pharma Bio World, and The Pharma Times.
The Frost & Sullivan’s 6th Annual India Healthcare Excellence Awards 2014 recipients are:
Award Category and Title | Award Recipient |
Medical Technologies | |
Imaging Company of the Year | Siemens Healthcare, India |
In-vitro Diagnostics Company of the Year | Roche Diagnostics India Private Limited |
Cardiac Implant Company of the Year | Abbott Vascular |
Home Healthcare Respiratory Solutions Company of the Year | Philips India Limited |
Operating Room Solutions Company of the Year | Maquet Medical India Private Limited |
Biopsy Solutions Company of the Year | Bard India Healthcare Private Limited |
Most Successful Product Launch of the Year | Abbott Vascular |
Vascular Access Solutions Company of the Year | B. Braun Medical India Private Limited |
Innovation in Medical Technologies | Nihon Kohden India Private Limited |
Healthcare Delivery Services | |
IVF Service Provider Company of the Year (Specialty Chain Category) | Bourn Hall International India Private Limited |
Diagnostic Service Provider Company of the Year (Specialty Chain Category) | SRL Limited |
Eye Care Service Provider Company of the Year (Specialty Chain Category) | Centre for Sight |
Comprehensive Orthopedic Service Provider Company of the Year (Stand-alone Hospital Category) | Shalby Limited |
Comprehensive Cardiac Service Provider Company of the Year (Stand-alone Hospital Category) | Fortis Escorts Heart Institute, Delhi |
Mother and Child Care Service Provider Company of the Year (Specialty Chain Category) | Cloudnine |
Hair Restoration Service Provider Company of the Year (Specialty Chain Category) | Richfeel Trichology Center |
Dialysis Service Provider Company of the Year (Specialty Chain Category) | DaVita Care India Private Limited |
Innovative Healthcare Service Delivery Model of the Year | Bright Lifecare Private Limited |
Pharmaceuticals and Biotechnology | |
Cardiovascular Pharmaceutical Company of the Year | Sun Pharmaceutical Industries Limited |
Diabetes Pharmaceutical Company of the Year | USV Limited |
Multinational Pharmaceutical Company of the Year | Abbott India |
Oncology Pharmaceutical Company of the Year | Roche Products (India) Private Limited |
Patient Access Program of the Year | Novartis Oncology |
Pharmaceutical Brand of the Year – New Launch | Jakavi — Novartis Oncology |
Special Awards | |
Lifetime Achievement Award | Dr. P. Namperumalsamy Chairman Emeritus – Aravind Eye Care System |
Healthcare Entrepreneur of the Year | Mr. Vishwaprasad Alva Managing Director – Skanray Technologies Private Limited, India |
If you wish to know more about the Awards program, contact Ravinder Kaur / Priya George at, ravinder.kaur@frost.com /priyag@frost.com or E-mail at indiahcawards@frost.com . For more details, visit www.frost.com/hcawards2014.
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