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Neuberg Diagnostics launches clinical laboratory in the US - The Hindu BusinessLine


Neuberg Diagnostics launches clinical laboratory in the US
May 03, 2021
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Introduces Covid-19 molecular testing to detect active SARS CoV-2 virus infections that is of immediate public health priority in North America
Chennai-based Neuberg Diagnostics on Monday announced the start of its clinical laboratory operations in North Carolina in the US.
The North Carolina laboratory, known as NCGM Inc (Neuberg Centre for Genomic Medicine), will focus on genomic and molecular testing based on new generation sequencing techniques.
In a press release, the Diagnostics group said, NCGM has introduced Covid-19 molecular testing to detect active SARS CoV-2 virus infections that is of immediate public health priority in North America, along with genome scale testing, such as Exome Sequencing, which is applicable across a variety of Rare Genetic Disease Testing (Inherited Diseases) from Newborn Screening to Oncology to Pediatric Care Setting. ....

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Eyecare chain Maxivision to invest ₹100 cr in expansion - The Hindu BusinessLine


Eyecare chain Maxivision to invest ₹100 cr in expansion
March 05, 2021
Maxivision Super Speciality Eyecare Hospitals plans to invest about ₹100 crore to add 10 more centres over the next six months.
The eyecare chain has a presence in Telangana and Andhra Pradesh with 16 centres.
GSK Velu, Chairman, Maxivision, said “The first six months of the lockdown phase was a complete washout. But the last four months have seen things getting back to normalcy. We are now at pre-covid level and believe, we will see better situation next fiscal.”
“During the next fiscal, the focus will be on Andhra Pradesh and Telangana. However, we plan to cover the entire South after next fiscal,” Kasu Prasad Reddy, Founder and Co-Chairman, said. ....

Andhra Pradesh , Republic Of Estonia , Prasad Reddy , Katrin Kivi , Maxivision Super Speciality Eyecare Hospitals , Chief Executive Officer , Eyecare Chain , Gsk Velu , ஆந்திரா பிரதேஷ் , குடியரசு ஆஃப் எஸ்டோனியா , பிரசாத் சிவப்பு , காற்றின் கிவி , அதிகபட்சம் அருமை சிறப்பு கண் பார்வை மருத்துவமனைகள் , தலைமை நிர்வாகி அதிகாரி , கண் பார்வை சங்கிலி , கஸ்க் வேலு ,

Stakeboat Capital is set to raise its second fund of Rs 1,000 crore


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The investor is focusing on categories such as healthcare and life science, business to business (B2B) software and manufacturing. It is eyeing investments of between Rs 30 crore and Rs 50 crore to acquire 51-70% stake in SMEs, with a holding period of 3-5 years.
“We largely look to back existing profitable companies with revenue of about Rs 50-Rs 250 crore, which is also the definition of medium enterprises in the SME category. We look at ways to build these companies to a scale that’s fairly large so that they’re attractive to either a strategic buyer or a secondary fund,” said Chandrasekar Kandasamy, founder and managing partner, Stakeboat Capital. ....

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