Healthcare & Wellness
Patent Expiry of Several Key Blockbuster Drugs worth $ 150 billion Sets Stage for Entry of Generics Manufacturers
The global generic pharmaceuticals market is likely to witness strong growth in the next few years owing to the patent expiration of key blockbuster drugs and the judicious cost containment efforts of governments and healthcare service providers worldwide. At the same time, the balance in terms of healthcare expenditure and sales revenue is poised to shift from developed to emerging markets such as India, China, Brazil, Russia, Turkey and South Korea, as huge potential still remains untapped in these countries.
Patient Monitoring Accessories (Patient Monitoring Leads and Electrodes, Non-Invasive Blood Pressure Cuffs and Patient Monitoring Temperature Probes) Market Outlook in BRICS (Brazil, Russia, India, China, South Africa) to 2017
NEW YORK, Jan. 17, 2012 /PRNewswire via COMTEX/ -- Reportlinker.com announces that a new market research report is available in its catalogue:
Patient Monitoring Accessories (Patient Monitoring Leads and Electrodes, Non-Invasive Blood Pressure Cuffs and Patient Monitoring Temperature Probes) Market Outlook in BRICS (Brazil, Russia, India, China, South Africa) to 2017
Global Hospitals plans over Rs 500 cr expansion
The Hyderabad-based Global Hospitals Group is planning to invest over Rs 500 crore during 2012 to expand its hospital network as well upgrade existing hospitals with super-speciality cancer care centers. The group is in the process of equipping its hospitals with the latest advanced radiation therapy machine, TrueBeam STx imported from Germany, a senior executive of the company said.
Government / NGO & Economy
Fastest-Aging Society Greets Ma in Taiwan Asset-Price Risk
Jan. 17 (Bloomberg) -- Ma Ying-jeou’s second term as president of Taiwan, secured in an election win three days ago, may be one of the island’s last opportunities to address the consequences of something unmentioned on the campaign trail: the world’s fastest-aging society. Ma’s push for closer ties with China won a fresh mandate as he defeated Tsai Ing-wen, who said the tighter bonds may risk Taiwan’s autonomy.
Finance & Investment
Cigna Announces Joint Effort to Sell Health Insurance In India
Cigna Corp., further boosting its overseas expansion strategy, announced a joint venture Tuesday with an Indian consumer goods firm, TTK Group, to sell health insurance across India. The insurance will be sold under the name Cigna TTK, which will be headquartered in Mumbai. Cigna's Sandeep Patel, who is managing director of the subsidiary Cigna Health Solutions India, will be CEO of Cigna TTK.
