New York City-headquartered investment firm KKR, signed definitive agreements to become the largest shareholder and take control of Healthcare Global Enterprises (HCG) based in Bangalore, India. The transaction involves KKR acquiring up to 54% equity stake in HCG from Luxembourg-based CVC Capital Partners at a deal valued at $400 million...
Los Angeles Leads in Cancer Immunotherapy Field
LA Business Journal interviewed Stephanie Hsieh who recently stepped down from her role as executive director of the LA chapter of statewide advocacy group, Biocom California. The Business Journal and Hsieh discussed the current state of cancer immunotherapy research and development in Los Angeles. A lightly edited summary of the...
Hospital In Tamil Nadu Launches Equipment for Brachytherapy
The Multi Super-Specialty Government Hospital located at Omandurar Estate became the third state-owned hospital in Chennai to install and inaugurate brachytherapy equipment. These devices were purchased from Germany at a cost of $250,000 each. The machines are mainly used to treat cervical cancer where only the cancerous tissues are completely...
Utah Company Introduces Genomic Cancer Testing in India
Salt Lake City-based molecular diagnostic firm Myriad Genetics brings molecular genomic cancer testing to India. According to the company, genomic tests are available for 9 cancers: breast, pancreatic, ovarian, endometrial, melanoma, prostate, colon, lung and gastric. “We are pleased to bring our 25 years of experience in clinical genetic testing...