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India's Medical Devices Sector Aims For Exponential Growth And Boosting Export Competitiveness

New Delhi s ambitions of turning India into a manufacturing hub also include bolstering its capabilities in the medical devices sector as well. ....

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Is pharma the new India M&A champion?

The ease-of-doing-business sentiment in India has been high, given that global firms remain equally keen, if not more, as compared with last year. Moreover, 2023 is even more promising in respect of catalyst factors such as the increase in demand within domestic markets and the lucrative financials ....

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Why The Indian Medical Device Industry Beckons Investors

Why The Indian Medical Device Industry Beckons Investors
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The opportunity is ripe for India to develop as the global medtech hub; how successfully we seize it will define the industry status

The pandemic and its ravaging resurgence this year has underscored the imminent need to expand and bolster our country’s healthcare set-up. While at one level, physical infrastructure, manpower in the form of doctors and paramedics. ....

Atmanirbhar Bharat , National Medical Devices Promotion Council , Indian Medical Devices , Policy Environment , India Blog , Nish Bafna Blog , Oices Blog , தேசிய மருத்துவ சாதனங்கள் ப்ரமோஶந் சபை , இந்தியன் மருத்துவ சாதனங்கள் , பாலிஸீ சூழல் , இந்தியா வலைப்பதிவு ,

Poly Medicure hits fresh high; stock zooms 53% over QIP price

Shares of Poly Medicure hit a new high of Rs 804 after rallying 11 per cent on the BSE in intra-day trade on Tuesday. With today’s gain, the stock of the medical equipment company has surged 53 per cent over its qualified institutional placement (QIP) price of Rs 524 per share.
Last month, on February 19, Poly Medicure had raised Rs 400 crore by allotting 7.63 million equity shares of the company to eligible qualified institutional buyers (QIB) at the issue price of Rs 524 per share.
Foreign portfolio investors (FPIs) Smallcap World Fund Inc and Lighthouse India III Equity Investors Limited had bought more than 1 per cent stake each in the company. UTI – Healthcare Fund had also purchased a 1 per cent stake, the shareholding pattern filed by the company post the QIP issue shows. ....

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