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KKR to buy Bengaluru-based Healthium Medtech from Apax at $839 million valuation: Report

KKR will acquire Healthium through a special purpose vehicle - owned by KKR-managed funds - that will have a controlling interest in Healthium group, including Healthium Medtech, the three companies said in a statement.

medical devices: Many high-risk medical device manufacturers stop production

Earlier this year, the Central Drugs Standard Organisation (CDSCO) had set the October 1 deadline for bringing class C and class D medical devices under regulation to control quality. According to the new regulation, medical devices belonging to these categories, such as ventilators, imagining equipment, oxygen therapy equipment, nebulisers, x-ray equipment, surgical robots and oncology treatment linear accelerator, can t be sold from October 1 without a manufacturing licence.

Time for India to take lead in medical devices sector Mandaviya

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