Last week, Global Health Ltd, the company which operates hospitals under the brand Medanta, made a strong debut on the Indian stock exchanges. Its shares gained 19% on the listing day. At Thursday’s close of INR462.50 per share, the stock is around 38% up from its issue price of INR336. The company’s initial public offering (IPO) had also garnered good interest. It was oversubscribed 9.58 times. Reasonable valuations, healthy financials, and
An overlooked mental health challenge faced by new mothers. A powerful new drug could be critical in fighting back. It should have been an obvious match. Yet things may not turn out that way because of pharma industry’s pricing vagaries as well as the lack of conversation around the condition itself.
Ranjit Shahani, former chief of Novartis Synopsis Ranjit Shahani will be remembered for his astute leadership and trademark calmness amid chaos. As chief of Novartis in India for nearly two decades, his tenure coincided with unprecedented challenges. Shahani had the tedious task of defending his company from a vexing patent battle while convincing the leadership […]
“I feel exhausted all the time.” Cheryl (name changed on the condition of anonymity), a 30-year-old artist from New Delhi, was suffering from heavy menstrual bleeding, hot flashes, and chronic fatigue. All of that prompted her to consult a gynaecologist in 2016. The diagnosis came soon enough. Cheryl had polycystic ovary syndrome (PCOS). She would […]