MEDICAL DEVICES

CX partners part-exits Sutures India with 2.2x

February 10, 2015 | Bhawna Gupta

Sutures' revenues almost doubled but earnings growth did not kept pace during FY12-FY14.

India Life Sciences Fund II invests $15M across two medical devices cos

February 06, 2015 | Shruti Ambavat

It raised Rs 865 crore last year to invest in mid-market companies.

TPG Growth raises stake in Bangalore-based Sutures India to 46%

February 06, 2015 | Anuradha Verma

Recently, the PE firm has picked about 24.75 per cent stake Manipal Health Enterprises.

Trivitron forms medical devices JV with Italy's IMD group

January 27, 2015 | Jasleen Kaur Batra

Trivitron will hold 60 per cent share in the JV while IMD group will hold 40 per cent.

SIDBI VC invests $4M in blood bank and medical equipment maker Pawar Electro Systems

January 15, 2015 | Anuradha Verma

The PE firm has invested out of its India Opportunities Fund.

Liberalised norms for FDI in medical devices from Jan 21

January 06, 2015 | PTI

Currently FDI is allowed in the sector through automatic route only for greenfield ventures.

Cabinet approves 100% FDI in medical devices sector via automatic route

December 24, 2014 | Anuradha Verma

Currently, FDI norms in medical devices are strapped with pharmaceuticals.

Cabinet may ease FDI norms for medical devices business

December 23, 2014 | PTI

The industry size in the country is about $7 billion and is dependent on imports.

Govt floats draft note on relaxing FDI in medical devices

November 10, 2014 | PTI

Some of the top homegrown medical device firms are PE backed.

Trivitron completes acquisition of Kiran Medical Systems, Imaging Products India

October 14, 2014 | Jasleen Kaur Batra

Trivitron had initially picked 26 per cent in Kiran Medical in 2011.

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