The Municipal Corporation of Delhi has equipped the west Delhi facility with a 13-bed infant care unit and advanced surgical machinery.
The US private equity firm is taking a 24.9% stake in the Noida-based hospital chain, triggering a 20% rally in its share price.
The Series B funding will help the company expand beyond vaginal infections and into fertility treatments.
Only a tiny fraction of candidate medicines make it through clinical trials, as each successive phase asks a fundamentally different question.
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