Cochin Shipyard, the state-owned shipbuilder headquartered in Kochi, southwestern India, has signed a Share Purchase Agreement to acquire a 23% stake in Conoship International Holding BV, a Netherlands-based ship design and engineering company, according to The Hindu BusinessLine. Conoship designs a wide range of vessels, including general cargo ships, tankers,...
Kochi, India Co. Develops Novel Drugs to Battle U.S. Opiod Epidemic
PNB VESPER a Kochi-based biopharma company located in the southern state of Kerala, signed agreements with the U.S. National Institute on Drug Abuse (NIDA) to develop drugs to treat opioid and cocaine addiction disorders. Kochi, (formerly Cochin) is part of the southwestern state coastal state of Kerala. Per the deal,...
India’s Aster Medcity, Medtronic, Partner to Deliver Parkinsons Therapy
Aster Medcity, a healthcare center in the city of Kochi (earlier known as Cochin), in India's south western state of Kerala, is the flagship hospital of Aster DM Healthcare, a healthcare conglomerate founded by Azad Moopen. This facility has become the first center in South Asia to introduce NeuroNav MER...
Norway's Orkla to acquire another Indian Consumer Company
When I lived in Bangalore, one of the hottest restaurants in town was the Mavalli Tiffin Room, known to everyone at MTR. The owners of the restaurant diversified into the into the instant food business, selling spices and ready-to-eat south Indian snacks and condiments such as "chutneys" and "rasams. MTR products rapidly...
OrthoFX to establish R&D Center in Kerala
San Francisco-based orthodontic startup OrthoFX has raised $13 million led by SignalFire, in association with Unusual Ventures, ShangBay Capital and Kairos Ventures. Co-founded by Invisalign’s Global Head of Product Management and Innovation Ren Menon, the startup also unveiled a suite of clear aligner technologies, coupled with a doctor-friendly financial model....
Indian Startup Improves Blood Supply Chain Processes
Bagmo, or the 'Blood bAG MOnitoring' device created by a team of clinical engineers, product developers, and public health experts in Kochi, India, monitors the temperature of blood bags during transportation and storage. Bagmo Private Limited, the B2B company that makes these devices, aims to reduce wastage at blood storage centers,...