New Delhi - Modern Lifestyle, obesity and various other factors are resulting in ever increasing incidence of spinal diseases from simple conditions like back pain to complex problems like the Degenerative Disc Disease, Herniated Discs, Kyphosis, Scoliosis and Spinal Stenosis.

New Delhi: Centre For Advanced Research and Development (CARD), the research wing of Scalene Cybernetics Limited (SCL), a leader in innovative medical technologies is all set to make a pioneering contribution to the world of medicine for the treatment of life crippling illness Multiple Sclerosis (MS). The treatment is through Scalene's revolutionary tool – CYTOTRON that can aid long-suffering patients to be relieved of this life deteriorating disorder and lead a normal life.

New Delhi - Asia's largest and the most trusted healthcare provider, Apollo Hospitals has performed 534 solid organ transplants across the nation in less than 8 months in the year 2010. Chairman of the Apollo Hospitals Group, Dr. Prathap C Reddy, today made the formal announcement about this significant achievement.

New Delhi: Nova Medical Centers (“Nova”), a specialised day care surgery centre chain and Max Healthcare Institute Limited (“MHC”), one of country’s leading healthcare providers today announced a joint venture to expand the reach of day care surgery in the National Capital Region. MHC will hold a 31% stake in the JV entity.

The Rs 720 crore Elder Pharmaceuticals Ltd has received the “India's Most Watched Company of the Year 2010” Award at the “3rd Annual Pharmaceutical Leadership Summit 2010" held recently at Mumbai. The summit is hosted by Pharmaleaders Magazine & Indo-American Chamber of Commerce. The award focuses on scientific accomplishments in industry and academic pharmaceutical research.

Singapore - RHC Healthcare Pte. Ltd. (“RHC Healthcare” or the “Offeror”), a company jointly owned by RHC Holding Private Limited (“RHC”), the holding company of Malvinder Mohan Singh and Shivinder Mohan Singh (collectively, the “Principals”), and Fortis Healthcare Limited (“Fortis”), has announced a voluntary general offer for Parkway Holdings Limited (“Parkway”) at an offer price of S$3.80 per share in cash.

New Delhi - Pharma majors including Elder, Sun, Pfizer, Cipla and GSK  are setiing their eyes on  onto the fast growing  Rs 720 crore market for smoking cessation products or nicotine replacement therapy (NRT) products in the country.

Mumbai, June 18, 2010: Sun Pharma announced that USFDA has granted an approval for its Abbreviated New Drug Application (ANDA) to market a generic version of Xanax ®, alprazolam tablets.