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Mr. Sumit Arora, Director, Alniche Lifesciences: Driving Healthcare Evolution with Strategic Vision

VCCircleVCCircle · 1y ago
Mr. Sumit Arora, Director, Alniche Lifesciences: Driving Healthcare Evolution with Strategic Vision
Medial

Mr. Sumit Arora is the Director of Alniche Lifesciences, where he has played a pivotal role in driving the company's growth and expansion in the medical field. With a focus on Nephrology and Critical Care medicine, Alniche Lifesciences has become a leading player in these sectors in India. Mr. Arora's strategic vision has led to the introduction of new divisions, including Gastro, Neuro, and Cardio. He emphasizes the importance of a strong distribution network and personally manages distribution channels to ensure timely delivery of specialized products. Alniche Lifesciences aims to increase the availability of medicines globally, with a focus on Renal Care, Neuro, Cardio, and Critical Care segments. The company has also ventured into pharma manufacturing through EffiKasia Lifesciences. Mr. Arora prioritizes active participation in conferences to stay connected with doctors and keep abreast of scientific developments. The company's future plans include launching new divisions and expanding geographically. Mr. Arora has received recognition for his contributions to the healthcare industry.

ChrysCap-backed Eris Life acquires Biocon Biologics' India formulations business

VCCircleVCCircle · 1y ago
ChrysCap-backed Eris Life acquires Biocon Biologics' India formulations business
Medial

Mumbai-based pharmaceutical company Eris Lifesciences, backed by private equity firm ChrysCapital, is set to acquire Biocon Biologics' India branded formulation business for $150 million. The deal, including insulin brands Basalog and Insugen, is expected to be finalized by 15 April, 2024. Eris aims to strengthen its diabetes care franchise and expand into the oncology and critical care sectors. The acquisition also includes a 10-year supply agreement with Biocon Biologics. This move follows Eris's previous acquisitions in the neuropsychiatry and dermatology sectors. Eris Lifesciences operates with a domestic-branded formulations business model and has a distribution network of over 2,000 stockists and 500,000 chemists.

Practo appoints Jagnoor Singh as chief operating officer

EntrackrEntrackr · 8m ago
Practo appoints Jagnoor Singh as chief operating officer
Medial

Practo appoints Jagnoor Singh as chief operating officer Health services platform Practo has announced the appointment of Jagnoor Singh as its Chief Operating Officer (COO). According to Practo, this appointment aligns with its vision of improving health outcomes while building a profitable, innovative, and user-focused business. Jagnoor will focus on establishing robust processes, ensuring seamless execution, and driving accelerated growth. He will lead go-to-market (GTM) strategies, deepening penetration in existing markets and expanding into new ones. Singh brings over 16 years of leadership experience from Airtel, OYO, Mondelez, and Unacademy. He has deep expertise in sales, marketing, and business development, with a proven track record of implementing structured, scalable processes that enhance execution, optimize operations, and drive exponential growth. In his new role, Jagnoor will work closely with Shashank ND, Co-founder & CEO of Practo, to expand the company’s footprint and accelerate its reach, driving impact in the healthcare sector. Jagnoor Singh, on his appointment as Chief Operating Officer, said, “I am truly honored to join Practo at such a pivotal moment for the healthcare industry. Practo’s focus on improving health outcomes and its tech-first approach resonate deeply with me as we build impactful solutions that benefit both patients and providers. I look forward to contributing to Practo’s journey by building strong teams and implementing strategies that drive sustainable growth.” Practo aims to enhance health outcomes by enabling patients and healthcare providers to make informed decisions. The platform leverages computer science and data science to ensure that every interaction contributes to better health results. Practo claims to operate in 22 countries, connecting over 40 crore patients with more than 500,000 doctors and healthcare providers across more than 700 cities.

Pristyn Care crosses 100 ICU units, expands to 11 owned hospitals

EntrackrEntrackr · 14d ago
Pristyn Care crosses 100 ICU units, expands to 11 owned hospitals
Medial

Pristyn Care crosses 100 ICU units, expands to 11 owned hospitals Founded in 2018 by Harsimarbir Singh, Vaibhav Kapoor, and Garima Sawhney, Pristyn Care had earlier made headlines by launching five hospitals in just 75 days, signaling its ambitious growth strategy. Healthcare startup Pristyn Care has launched three new super-specialty hospitals in Pune, Indore, and Hyderabad, taking its total owned hospitals to 11 and surpassing 100 ICU units across India. According to the press release, in the last 2.5 quarters, Pristyn Care has scaled aggressively, which now operates over 700 beds, 30 modular operating theatres, and over 100 ICU beds, supported by 700+ medical professionals across 300,000 sq. ft. of clinical facilities. The new hospitals expand the company’s specialties to include Gastroenterology, Bariatric Surgery, Intensive Care, Nephrology, Gynaecology, and Neurology, equipped with state-of-the-art diagnostic facilities such as MRI and CT scans. A spokesperson said, “Today, we are not merely expanding, we are redefining the boundaries of care. By strengthening our presence in Hyderabad, Pune, and Indore and deploying over 100 ICU units, we reaffirm a simple yet powerful promise: no life should wait.” By the end of this financial year, the company aims to scale to 500,000 sq. ft., with over 1,000 beds, 200-plus ICU units, and more than 50 modular operating theatres. With a mix of owned hospitals and partner facilities, Pristyn Care continues to build a tech-enabled, patient-centric ecosystem, aiming to make advanced healthcare accessible to every Indian.

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