The company said the new round of funding in FY23 will fuel the next phase of WYH's growth and expansion plans. The funds will be allocated towards product development, geographic expansion, sales and marketing efforts, office spaces, and inventory enhancement
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Lupin and AbbVie inked the licensing, development, and commercialization agreement in 2018 for this novel oncology drug to treat Hematological Cancers
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Eye Mantra, a leading eye care chain, is thrilled to announce a significant investment of USD 10 million from MantraCare, a prominent global healthcare player. This funding will fuel the expansion of Eye Mantra's branch network across India, with a vision to establish a presence in more than 30 cities
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Fortis Healthcare, a leading healthcare delivery service provider in India on Thursday signed a definitive agreement to sell its hospital business operations at Vadapalani, Chennai to Sri Kauvery Medical Care for a sale consideration of Rs 152 Crore, the company said in an exchange filing
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Total funding in the healthtech companies in India plunged 55 per cent from USD 3.2 billion in 2021 to USD 1.4 billion in 2022 revealed in a report on the Indian HealthTech sector by LoEstro Advisors on Tuesday
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Siemens will spend 2 billion euros (USD 2.16 billion) on a new global investment plan, the German engineering and technology group said on Thursday, as it gears up to meet increased demand triggered by global stimulus packages
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Glenmark Pharmaceuticals, the global pharmaceutical company on Thursday restructured the price of Trastuzumab drug indicated for HER2‐positive breast cancer. A 440 mg vial of Trumab will be priced at Rs 15,749, which makes it the most affordable option available currently in the country, the company said in a statement
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Proparco, a unit of France's state development agency, is making a USD 35 million equity investment in Quadria Capital, an Asia healthcare-focused private equity firm, the companies said on Tuesday, to develop healthcare facilities in the region
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