For investors, digital health data outweighs algorithms

Venture capital firms first look for useful and unique data when they invest in digital health companies. At the SoCalBio Digital Health Conference, representatives of six Southern California-based firms agreed that having access to good data outweighs even the most sophisticated algorithms. Both technology and health care firms are investing in companies using AI to solve health care’s most costly problems, said Milo Bissin, director of life science and health care for Silicon Valley Bank. The amount of investment in health tech companies has grown significantly in the last five…

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Are You Paying Higher Premium For Your Health Insurance?

Health is considered to be the most important asset of any individual. But in India, the statistics on health insurance are shocking. The recently released National Family Health Survey (NFHS-4) by the ministry of health and family welfare shows that less than one-third (29 per cent) of households have at least one usual member covered under health insurance or the health scheme. Also, from a motivation for the customer point of view, in an age where customisation is demanded in every purchase decision, the health insurance options available in the…

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Top investment options for Senior Citizens: Find out what benefits you the most

Here are the top 3 options you can choose from depending on your need: The risk appetite of individuals changes along with the expectations of returns. People who have saved for retirement face the challenge of not outliving their savings that they have accumulated over the years. To stay clear of this, financial experts suggest opting for financial instruments that minimize the risk of investment and also give assured returns. There are various financial instruments in the market that offer special benefits to senior citizens — not only limited to…

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Lupin sells Japanese business Kyowa for enterprise value of Rs 3,702.4 crore

Lupin, India’s third-largest drugmaker on November 11 said it has entered into a definitive agreement for the sale of its entire stake in its Japanese subsidiary Kyowa Pharmaceutical Industry Co to Japan-based private equity firm Unison for an enterprise value of Rs 3,702.4 crore. Lupin will get net proceeds of $300 million from the sale, which will be used to pare debt and invest in core markets of the US and India. Under the terms of the agreement, Lupin’s subsidiary Nanomi B.V. will divest its entire stake (99.82 percent) in…

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LinkedIn launches ‘Open for Business’ globally for small businesses, freelancers

Professional networking platform LinkedIn announced on Monday the global launch of Open for Business, a feature that allows freelancers and small business owners to add their services to their LinkedIn profiles, making them discoverable from a LinkedIn search. The feature is now live in India, following an initial roll-out in the US in July 2019, and is a great way for freelancers and small businesses to indicate they’re ‘Open for Business’. Open for Business allows small businesses and freelancers to showcase the services they provide, directly on their profiles. This…

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5 Investment Ideas For Those Looking To Invest Rs 1-5 Lakhs

If you are looking to invest Rs 1-5 lakhs, you should look at investments that are safe and yield good returns. If you are looking at a longer term tenure of 3-5 years, there are many instruments. Here are a few that you could consider: Fixed Deposits of Bajaj Finance The fixed deposits of Bajaj Finance are not a bad bet, if you are looking at a medium term tenure of 3-4 years. A 36-month deposit offers an interest rate of 8.35 per cent, which is not bad at all.…

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