The newly acquired funds will be channeled toward business expansion, with the brand aiming to double its operations before embarking on a Series A funding round
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ICRA's research indicates that the operating profit margin (OPM) for the sample set is anticipated to improve to 12-14 per cent in FY2025, up from 11-13 in the previous fiscal year
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With a monthly processing capacity exceeding 25,000 samples, the 1,500-square-foot lab is designed to meet the increasing demand for high-quality diagnostic services in the region
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The event brought together key industry stakeholders, including AHPI members, to explore collaborative opportunities between the Welsh Life Sciences ecosystem and the Indian healthcare sector
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This marks Quadria's second pharmaceutical exit via IPO in India within the past year
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The Health Ministry has been allocated Rs 90,958.63 crore, marking a 12.9 per cent increase from the previous budget
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This expansion will create approximately 1,300 highly skilled roles by 2025, aimed at driving innovation, enhancing efficiency, and streamlining operations globally
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The investment is aimed at supporting BMH's mission to expand its network of hospitals across India, addressing the growing need for quality and accessible healthcare services.
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The IPO comprises a fresh issue of 45.84 lakh equity shares through the book-building route
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The Global AI in healthcare market is projected to record annual growth rates exceeding 40 per cent, backed by robust demand and expanding applications
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