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The government is likely to retain its focus on the pharmaceutical sector in the upcoming Union Budget as India emerges from multiple waves of the coronavirus pandemic.
The budget should outline supportive policies, simplified regulations, and simple GST norms to aid in the development of the pharmaceutical industry, Indian Pharmaceutical Alliance (IPA) Secretary General Sudarshan Jain said.
Mr. Surendran Chemmenkotil to join as the Chief Executive Officer of Metropolis Healthcare Limited.
Surendran Chemmenkotil to join Metropolis Healthcare Limited as CEO
The diagnostics majors are looking at inorganic growth for their network expansion which is further heightening the competition. For instance, Dr Lal PathLabs acquired Suburban Diagnostics in 2021 for Rs 925 crore in West India. It is also planning expansion in South India.