Press release from Business Wire India
Source: Frost & Sullivan
Tuesday, May 25, 2010 02:45 PM IST (09:15 AM GMT)
Editors: General: Entertainment; Business: Accounting & management consultancy services, Healthcare, biotechnology & pharmaceutical, Media & entertainment, Real estate; Healthcare
--------------------------------------------------
Best-of-the-Best in Healthcare and Life sciences Industry to be Recognized at Alexandria - Frost & Sullivan 2010 India Excellence in Healthcare Awards
Mumbai, Maharashtra, India, Tuesday, May 25, 2010 -- (Business Wire India) -- The 2010 edition of India Excellence in Healthcare Awards will see the region's most illustrious names compete for the most coveted titles in the Healthcare industry. Twenty-two companies that have pushed the boundaries of excellence and demonstrated outstanding performance across India will be recognized at this prestigious event.
ALEXANDRIA REAL ESTATE EQUITIES, INC. has partnered with Frost & Sullivan for this year's edition, which is to be held in Mumbai on 23 September 2010. ALEXANDRIA REAL ESTATE EQUITIES, INC. (NYSE: ARE), Landlord of Choice to the Life Science Industry®, is the largest owner and preeminent real estate investment trust ("REIT") focused principally on cluster development through the ownership, operation, management, selective redevelopment, development, and acquisition of properties containing life science laboratory space.
Speaking on the collaboration, Sandeep Sinha, Deputy Director, Healthcare Practice, South Asia, and Middle East, Frost & Sullivan, says, "We are pleased to partner with Alexandria for the 2010 edition of Healthcare Awards. They are committed to take India to a new realm of world-class healthcare by creating state-of-the-art lab space and healthcare delivery facilities across the country. With Frost & Sullivan, committed to recognize innovative growth strategies and solutions adopted by best companies in the healthcare industry through these awards, this synergy will benefit the healthcare industry as a whole."
Excellence in Healthcare Awards recognize the superior planning and execution of product launches, strategic alliances, distribution strategies, technological innovations, customer service, healthcare delivery services, and mergers and acquisitions. A host of other crucial factors such as leadership, strategy, growth, service, innovation, integration, marketing, financial performance, and development are also considered as part of the Award Methodology. The companies that are commended as Excellence Award recipients are those with the diligence, perseverance, and dedication required to develop a successful business plan and excel in the increasingly competitive global marketplace.
The Award methodology followed to determine best practices in the industry consists of interviews with market participants and extensive secondary research of proprietary data. Frost & Sullivan analysts' track competitor revenue, market share and growth within the industry. The competitors are then compared and ranked. Specific criteria are used to ascertain the final competitor ranking in each industry. For the Technology Excellence Award, the technologies and research projects are compared using customer base demands. In addition, factors such as feasibility of product launch, likelihood of customer acceptance and acceptance rates, and estimated time to market are taken into consideration.
Speaking on the healthcare industry, Sandeep Sinha, Deputy Director, Healthcare Practice, South Asia and Middle East, Frost & Sullivan, says, "Currently, the healthcare industry is witnessing an upward growth in the Indian economy. It is an approximately USD 52 Billion industry and growing at a compound annual growth rate (CAGR) of 18 percent. We see that most of the MNCs have a strategic plan for India. Moreover, Indian players too have an aggressive growth plan not only for India but also for the entire APAC region, which is reflected in the many M&A activities by MNCs and Indian players in this industry. As the Indian healthcare industry strengthens its position in the global economy by meeting needs of their clients, we support them by appreciating their efforts."
The 22 Award titles to be recognized at Alexandria-Frost & Sullivan 2010 India Excellence in Healthcare Awards are:
Overall
--Life Time Achievement Award
Healthcare IT
--Indian Hospital Information Systems (HIS) Company of the Year
--Picture Archiving and Communication System (PACS) Company of the Year
--Electronic Medical Records (EMR) Company of the Year
Pharmaceuticals
--Indian Pharmaceutical Company of the Year
--Indian Biotech Company of the Year
--Indian Clinical Research Company of the Year
--Indian Contract Research Company of the Year
--Indian Innovator Pharmaceutical Company of the Year
Medical Devices
--Blood Glucose Monitoring Device Company of the Year
--Mammography Equipment Company of the Year
--Indian Medical Devices Company of the Year
--Cath Lab Company of the Year
--Digital Radiography Company of the Year
Healthcare Delivery
--Healthcare Services Provider of the Year
--Innovative (Business Model) Healthcare Provider of the Year
--Oncology Provider Company of the Year
--Mother & Child Care Provider Company of the Year
--Eye Care Provider Company of the Year
Others
--Diagnostic Services Company of the Year
--Wellness Services Provider Company of the Year
--Healthcare Retail Company of the Year
To know more about this event please log on to www.frost.com/hcawards2010
About Alexandria -
ALEXANDRIA REAL ESTATE EQUITIES, INC. (NYSE:ARE), Landlord of Choice to the Life Science Industry®, is the largest owner and preeminent real estate investment trust ("REIT") focused principally on cluster development through the ownership, operation, management, selective redevelopment, development, and acquisition of properties containing life science laboratory space. Alexandria has a stellar twelve-year operating and financial track record as a NYSE-listed company, ranking fifth out of all publicly traded equity REITs in total return performance, and had an approximate $5.8 billion total market capitalization as of December 31, 2009. Alexandria is the leading provider of high quality, environmentally sustainable real estate, technical infrastructure, and services to the broad and diverse life science industry. Client tenants include institutional (universities and independent not-for-profit institutions), pharmaceutical, biotechnology, medical device, product, service, and translational entities, as well as government agencies. Alexandria's operating platform is based on the principle of "clustering," with assets and operations located in key life science markets.
About Frost & Sullivan - "We Accelerate Growth"
Frost & Sullivan, the Growth Partnership Company, enables clients to accelerate growth and achieve best in class positions in growth, innovation and leadership. The company's Growth Partnership Service provides the CEO and the CEO's Growth Team with disciplined research and best practice models to drive the generation, evaluation, and implementation of powerful growth strategies. Frost & Sullivan leverages over 45 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from more than 40 offices on six continents. To join our Growth Partnership, please visit http://www.frost.com
CONTACT DETAILS
Anish Charles Corporate Communications, South Asia, Frost & Sullivan, +91 (22) 40013419, anishc@frost.com
Nimisha Iyer Corporate Communications - South Asia, Middle East and North Africa, Frost & Sullivan, +91 9820050519, niyer@frost.com
KEYWORDS
ENTERTAINMENT, CONSULTANCY SERVICES, HEALTHCARE, MEDIA, REAL ESTATE, HEALTHCARE
If you wish to change your Business Wire India selection please click on this link http://www.businesswireindia.com/media/news.asp and use your personal username and password to login.
Submit your press release at http://www.businesswireindia.com
No comments:
Post a Comment