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SURGICAL SUTURES
Healthium Medtech CEO Anish Bafna steps down, moves to non-executive chairman roleHealthium Medtech's CEO Anish Bafna is transitioning to non-executive chairman as KKR-owned company seeks a new chief within a month. Bafna...
Palestinian Embassy calls for urgent medical aid: "If not India and Indian people, then who?"Palestine's Embassy in India has issued a dire plea for immediate medical aid, warning of a healthcare sector collapse due to ongoing confl...
In 1942, Harry Coover Watched a “Failed” Plastic Stick to Everything: That Strange Reaction Established the Foundation for Super GlueIn 1942, Harry Coover accidentally discovered cyanoacrylates, a substance that tenaciously adhered to surfaces, initially deemed a failure....
PGIMER doctors perform India's first robot-assisted vasovasostomyDoctors at PGIMER Chandigarh have achieved a groundbreaking feat by successfully performing India's first robot-assisted vasovasostomy. The...
Warburg-backed Micro Life eyes $150 mn in pre-IPO round; eyes $5 bn valuationMicro Life Sciences, India's largest medical devices group, is seeking to raise $150 million by selling a small stake, aiming for a $5 bill...
KKR acquires Healthium from Apax Partners for Rs 7,000 crKKR acquired Healthium Medtech Ltd., a leading Indian medical devices company, from Apax Partners. The deal, valued at approximately Rs 700...
KKR to buy Healthium Medtech for Rs 7000 cr from ApaxBinding agreement signed; formal announcement by early next week, pips rival bidders Mankind Pharma-Chrys Cap Healthium is the largest manu...
Mankind joins race for Apax's surgical supplies company Healthium MedtechBidding for Healthium is likely to be competitive with several others such as KKR, Novo Nordisk, Hillhouse, Blackstone and EQT said to be a...
Novo Nordisk owner joins the race for Healthium MedtechNovo Holdings is the latest challenger in a hotly contested bidding process for Healthium, 99.8% owned by Apax Partners. Buyout funds KKR, ...
KKR, Carlyle and EQT among five buyout funds in race for HealthiumKKR, Carlyle, EQT, Hillhouse, and TA Associates are competing to acquire Healthium Medtech, the largest homegrown surgical sutures and surg...
Apax initiates sale of Healthium MedtechThe British private equity firm Apax Partners has initiated the sale process for Healthium Medtech, India's largest surgical sutures manufa...
Healthium Medtech plans IPO to raise over Rs 1,500 croreApax Partners holds 99.8 per cent of Healthium. The British private equity fund had acquired the stake in 2018 from TPG Growth, CX Partners...
Healthium MedTech launches anti-microbial gloves TruShieldManufactured at Kunigal, Karnataka, these AMGs are made from a patented technology using a quaternary ammonium compound that the company sa...
Apax to buy TPG’s healthium medtech for $300 millionThis will be London-headquartered Apax’s second healthcare deal in India after its 2007 India debut with an investment in Apollo Hospitals ...
Apax leads race for Rs 2,600 crore sutures dealHealthium Medtech is a manufacturer and exporter of absorbable and non-absorbable sutures, surgical mesh, gloves and surgical tapes in a ma...
Kedaara Capital buys 13% in Bengaluru-based surgical equipment maker Sutures IndiaThe company, which is moving into some international markets, has seen healthy growth in revenue and the trend is expected to continue.
New robotic arm can perform soft tissue surgeryA robotic arm that can precisely stitch together soft tissues, an advance that may improve surgery outcomes for patients.
TPG Capital may buy surgical equipment company SuturesTPG has ambitions of making it a large medical devices company adding more products like special orthopedic implants and plastic casts.
TPG Growth invests Rs 145 cr in Sutures IndiaTPG Growth's investment will help Sutures India expand product portfolio and support inorganic growth initiatives.
- Technical textiles usage in healthcare may touch $ 1 bn
Specialised textiles usage in the country's healthcare sector is expected to touch $ 1 billion by 2016-17 on account of rapid growth in med...