Healthcare
Piramal Alternatives invests Rs 215 crore in Kolors Healthcare
Kolors plans to use the latest capital infusion to strengthen its regional footprint while expanding into additional segments of the wellness and preventive healthcare market. The company also plans to implement its "Kolors 2.0" initiative, which involves a broader transformation of its centres and operations.
Kedaara pumps $200m into ortho support wear maker Tynor
Kedaara Capital has acquired a majority stake in Tynor Orthotics for approximately $200 million. This significant deal provides an exit for investor Lighthouse Funds from the medical device maker. Tynor Orthotics manufactures orthopaedic supports and mobility aids for global markets. The company has an extensive distribution network reaching numerous retail outlets and hospitals. Kedaara will partner with Tynor's promoters and its existing strategic partner Thuasne.
Grip strength, gait may soon measure biological lifespan, says Dr Prateek Sharma
Genes influence lifespan, but lifestyle and environment are crucial for longevity. Biological age will soon be measured by new indicators beyond chronological age. Healthy life expectancy boosts India's economy significantly, benefiting all stakeholders. The focus is shifting from lifespan to healthspan, adding energy and reducing disease. Evidence-based nutrition science is vital, dispelling myths about magic diets.
Kedaara Capital bets on India’s orthopaedic market with $200 million Tynor deal
Kedaara Capital has acquired a majority stake in Tynor Orthotics for $200 million. This private equity firm is expanding its medical devices portfolio with this significant investment. Tynor Orthotics is a leading Indian manufacturer of orthopaedic and rehabilitation products. The company has a wide distribution network reaching many countries globally. Kedaara will partner with existing promoters and management to drive future growth.
Adani Group to set up 2,000-bed hospital in Bengal, 1,000 beds to be free
The Adani Group plans to establish a significant 2,000-bed hospital in New Town. Half of these beds will be allocated for free treatment of the poor. West Bengal Chief Minister Suvendu Adhikari confirmed this development. He stated that Karan Adani had met him regarding the project. Gautam Adani has sent a commitment letter to begin work soon.
Health Ministry announces medical device regulatory reforms for ease of doing business
The Ministry of Health has introduced new regulations for medical devices. These reforms simplify requirements and enhance transparency for businesses. Outsourced sterilisation rules are now easier for manufacturers to follow. Uniform testing fees and recognized EU jurisdictions reduce ambiguity. These changes facilitate timely access to advanced medical technologies in India.
Lord's Mark Industries outlines strategic expansion across global healthcare, advanced diagnostics & oncology; targets ₹1,550 Crore revenue in FY2027
In a strategic shift, Lord's Mark Industries is set to launch an extensive healthcare expansion alongside a business demerger. This initiative will prioritize advancements in diagnostics, oncology, and cutting-edge medical devices, bringing CAR-T cell therapy and specialized oncology hospitals to a wider Indian demographic. The company's international vision includes launching subsidiaries in the UK and Switzerland, aiming to bolster its diagnostic capabilities and strengthen its healthcare service value chain.
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