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Photo by Hiraman/Getty Images Aknamed, a cloud-based healthcare supply chain platform in India, has acquired pharmaceutical products distributor Vardhman Health Specialties. It bought the company for $35 million, according to a report. WHY IT MATTERS In a joint statement, the companies said the combination comes at a time of high demand for medical supplies. [T]he need of the hour is to build a strong healthcare supply chain management in the country, they said. The companies will work towards building a robust hospital-focused supply chain in India , leveraging technology, data, high-quality infrastructure and scale. Besides distribution, Vardhman also develops medical devices, as well as healthcare platforms that run on new technologies, such as artificial intelligence and the internet of things. ....
Aknamed acquires Vardhman Health Specialties for $ 35M yourstory.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yourstory.com Daily Mail and Mail on Sunday newspapers.
Aknamed acquires Vardhman Health Specialties biospectrumindia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from biospectrumindia.com Daily Mail and Mail on Sunday newspapers.