Category Archives: Healthcare

Pistachio Can Lower Your Blood Sugar

Study conducted in the University of Toronto has found out that eating pistachio could help you in lowering your blood sugar. Pistachio, when taken with high carbohydrate food items like white bread, slows down the absorption of carbohydrate in the body. It works towards prevention and control of diabetes by suppressing the glycemic (blood sugar) response of high carbohydrate foods. The mono-unsaturated fat in pistachio has been scientifically proven to help lower the bad cholesterol (LDL) and increase the good cholesterol (HDL) which protects the heart.

Link: http://timesofindia.indiatimes.com/life/health-fitness/health/Eat-pistachio-to-lower-blood-sugar/articleshow/5412745.cms

25000 Indian-origin Doctors to return from UK to India; Some to Join 7 AIIMS like institutes to be planned

15,000 doctors who are currently taking training in UK and 10,000 doctors who are retiring from their jobs are to return to India. Some of them are likely to join 7 AIIMS like institutes that are being planned in Bihar, Chhattisgarh, Madhya Pradesh, Orissa, West Bengal, Uttar Pradesh and Rajasthan. Continue reading 25000 Indian-origin Doctors to return from UK to India; Some to Join 7 AIIMS like institutes to be planned

Acai Berry For Rapid Weight Loss

Harvested by Brazilians for hundreds of years as a food staple and for their rejuvenating and detoxifying properties, Acai berries (fruit of Amazonian Acai Palms ) have been all over the media in the recent months. Acai berry is helping people lose weight fast and live a healthier life that is full of energy and vitality. Lose Weight With Acai Berry Actives

Lupin buys US rights to Antara from Oscient Pharma

Indian pharmaceutical company Lupin Limited has paid USD 38.61 mn (EUR 26.5 mn) to acquire the US rights for the cardiovascular product Antara (Fenofibrate Capsules 43 mg and 130 mg) from Oscient Pharmaceuticals (OTC: OSCIQ), under the procedures of the US Bankruptcy Court. Antara had net sales of USD70m for 2008.

Our view: Antara is a product in growth mode (its sales increased 20% annually) also has market share of 4.5%. If Lupin has a planned for a way to make the product available in other countries also, then its a good deal.

Reference

Fortis Healthcare plans 2-for-5 rights share issue

Fortis Healthcare, the hospital-chain, is coming up with a 2-for-5 rights share issue. And the subscribers will also be entitled to two detachable warrants.

Announcement Date 24-12-2008
Rights Ratio 2:5
Face Value Rs 10
Premium Rs 100
Record Date 20-08-2009
Ex-Rights Date 18-08-2009

Fortis will price its rights issue at Rs 110 per share, to raise Rs 9.97 billion excluding the warrants, it said in a statement to the stock exchange.

The funds will be used mainly to fund greenfield projects (Medicity Gurgaon), redemption of preference shares, repayment of short-term debt, and for M&A and investment opportunities.