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    Fortis Healthcare to buy Gurugram based Medeor Hospital for Rs 225 crore

    Fortis Healthcare Limited (”Company”), has announced that it has signed definitive agreements with the VPS Group for the acquisition of its Medeor Hospital in Manesar, Gurugram, Haryana, (“Medeor Hospital”) for an overall purchase consideration of INR 225 Crore. The hospital has a potential bed capacity of 350 beds and can be operationalized in a phased […] More

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    Chennai based Global Pharma recalls 50000 tubes of contaminated eye drops in US

    New Delhi: Global Pharma Healthcare is recalling 50,000 tubes of eye drops in the US market due to bacterial contamination, according to the US Food and Drug Administration (USFDA). As per its latest Enforcement Report, the US health regulator noted that the Chennai-based drug firm is recalling the affected lot of eye lubricant for artificial […] More