Sunnyvale, CA-headquartered molecular diagnostic company Cepheid launched its first manufacturing facility in Bangalore. The 77,000 square-foot facility will manufacture the company’s Xpert tuberculosis testing cartridges for India and other countries, The launch of the new manufacturing facility in India represents a significant milestone for Cepheid to provide accessible and high-quality...
Accenture to Acquire an AI Company in India
Accenture will acquire Bangalore-headquartered industrial artificial intelligence company Flutura. Terms of the deal were not disclosed. Flutura’s approximately 110 professionals specialize in industrial data science services for manufacturers and other asset-intensive companies. Its AI platform provides self-service solutions for advanced analytics. The acquisition will strengthen Accenture’s industrial AI services to...
India’s Indegene Launches Metaverse Capabilities for Life Sciences Companies
Bangalore-based Indegene a digital-first, life sciences commercialization company, announced the launch of metaverse capabilities to support life sciences organizations with a variety of use cases, including health care provider interactions and education, as also patient education. Life sciences organizations can foster immersive healthcare experiences, such as interactions with health care...
Getinge CEO Mattias Perjos: India is an Important Key Market for Us
Mattias Perjos, president and global CEO of Sweden headquartered medical technology company, Getinge, talked about the challenges and scope of medtech companies in India, market expectations, and Getinge’s key plans for the country with Financial Express. Lightly edited excerpts from the discussion follow: On Getinge’s plans for India’s medtech industry and...
India’s CrisprBits Raises $250,000 From NY Based VJ Group
Bangalore-based CrisprBits, that uses CRISPR, a gene-editing technology, to develop solutions in the life sciences, raised $250,000 in pre-seed funding from Bohemia, New York-based VJ Group. The funding will be used toward product development, team expansion, and for research and development. Sunil Arora, co-founder and CEO, CrisprBits said, "The new...
India’s MediBuddy Acquires vHealth by Aetna
Bangalore-based digital healthcare platform Medibuddy, backed by San Francisco headquartered Bessemer Venture Partners, acquired vHealth by Aetna, the Indian subsidiary of Hartford, Connecticut-based Aetna Inc., for an undisclosed amount. Operated by Indian Health Organization Pvt. Ltd, vHealth is a primary healthcare service provider catering to business-to-business clients in the banking,...