RECENT EVENTS

Recent Merger and Acquisitions PharmEasy acquired a majority stake in Thyrocare Technologies, a diagnostics chain, to diversify and bolster its testing business. Tata Digital infused Rs. 100 crore (US$ 13.45 million) debt in 1mg, the online medicine startup, and in June 2021, acquired a majority stake in the company. PharmEasy, an online pharmacy, announced that it had acquired Medlife to become the leading platform for healthcare delivery in India. The first half of 2021 has seen 23 M&As, of which the 18 deals with announced value have shown that the mergers and acquisitions have seen $1.89 billion worth of contracts.

Unique Digital Health ID The Ayushman Bharat Digital Mission intends to equip everyone with a digital Health ID that will store their medical records and be usable across the country. With the worldwide implementation of the digital Health ID, a seamless online platform will be created, allowing for a wide range of data, information, and infrastructure services while maintaining the security, confidentiality, and privacy of health-related personal information. This health account will be detailed in every test, every disease, the doctors seen, the medicines taken, and the diagnosis. This information will be crucial because it is portable and easy to retrieve, even if the patient moves to a different location and sees a new doctor.

Vaccination India has administered over 116 Crore Covid jabs since it started its vaccination drive in January this year. This milestone makes it the second country to reach this mark - China crossed it in June 2021.