Newsletter-2

Manipal Hospital: $1B IPO, Strategy Report | Results of 2-Surveys | Nobel Prize Med-Tech: Early Cancer Detection using Nano-Medical Imaging | How is AI helping in making doctors' life less busy?

Author

Agenda Health AH
May 17, 2025 • Estimated Reading Time: 7 minutes

Supporting Indian MedTech Innovation: Curexel Technologies

Can 400Cr Injections/year in 🇮🇳 be made PAINLESS (3.4Cr Dialysis | 3.6Cr Cancer Needle-pricks in NEW-patients)? Dr. Kedar Badnikar (IIT | IISc), founder of Curexel Technologies, has dedicated 10years to INVENT this patented technology. (here!)

➡️ Understand how the technology works on Mosquito Bite Mechanism: CLICK 

Making Injections Painless: Curexel Technologies

Welcome to all the supporters of Agenda+Health, here’s is what to expect:

  • Manipal Hospital: $1B IPO Prep | Report

  • Results of 2-Surveys

  • Cancer Detection using Nano-Medical Imaging

  • Why are Doctors always Busy?

  • AI helping Doctors save time all over the world?

Read time: 5 minutes

1/ Manipal Hospital: $1B IPO Prep, Business Strategy Report

Manipal has already become the biggest hospital in 🇮🇳 with >10,500Beds in 37 Hospitals in 19 cities & a team of 5600+ Doctors. (here!)

Manipal Hospitals (MHEPL) is about to launch the biggest IPO of 1$B (₹8.5kCr) in the 🇮🇳 Healthcare Industry at a Valuation of $8B (₹67.4kCr) | P/E of 57.1.

Is the valuation of $8B High or Low?

PE funded hospitals in competition!!

Now this is where the tally stands at:
1️⃣ Manipal Hospitals (MHEPL): ₹6,500Cr | 37 Hospitals | 10,700Beds
2️⃣ Aster DM Healthcare : ₹7,300Cr | 38 Hospitals | 10,166Beds
3️⃣ Apollo Hospitals: ₹9,867Cr | 51 Hospitals | 10,500Beds

The branded hospitals have already started investing in Tier-2 for the next leg of Future GROWTH?

Is it good that Tier-2 legacy hospitals’ll either have to expand or get acquired?(here!)

2/ Results of 2-Surveys

SURVEY:1 - Can you confidently identify Early Developmental red flags in children?

SURVEY-1

It is absolutely clear that 78% of people are NOT sure about the Early Developmental red(🔴) flags in children🧒 

Below are some Questions, Stories & Validations provided. (Click here! for more)

Response from Dr. Dhirja (Anaesthesiologist)

SURVEY:2 - Top-BARRIERS in scaling a MedTech start-up in India?

SURVEY-2

You can see that the resistance from DOCTORS is a huge barrier to market entry.

Mr. Madhusudan explains the Indian Medtech situation better in his comment from a 3600 point of view.

Find more learnings & engage with like minded people, here!

3/ Nobel Prize Med-Tech: Early Cancer Detection using Nano-Medical Imaging

Quantum dots (QDs), nanoscale semiconductors, secured the 2023 Nobel Prize in Chemistry for their tunable optical properties.

With a projected market growth from $10.6 billion in 2024 to $23.9 billion by 2029 (CAGR of 17.7%), QDs are poised to revolutionize healthcare.

Key use-cases include:

  • Bio-imaging,

  • Disease Diagnostics,

  • Drug Delivery,

  • Theranostics for Cancer Treatment, and

  • Wearable health monitoring in healthcare.(Full tweet!)

4/ AI-in-Health is helping save time ⏳️ 

USE-CASE:1 - Saving TIME by collecting Patient Information during Waiting.

In India, due to skewed Doctor-Patient ratios, patients have to wait 30-60mins to meet with a doctors in a hospital. What if both the Patients’ and Doctor’s time could be saved by collecting Patient information using AI while he/she is waiting.

The summary will get shared with the doctor before the patient goes in the consultation room and the discussion will be more qualitative and take lesser time as well.

USE-CASE:2 - Saving TIME by using AI in making DISCHARGE Summaries faster.

AI discharge summary tools developed by Ubie, deployed at Keiju General Hospital in Japan reduces nurses' time on these tasks by 42.5% and decrease their psychological burden by 27.2%.

Ubie AI in Hospital systems in Japan

In a recent trial at Kyushu University Hospital, one of the largest hospitals in Japan, summarising and standardising referral letters led to a 54% increase in efficiency for doctors preparing admission summaries.

It is cofounded by a Medical Doctor Yoshinori Abe from University of Tokyo.

Admin time saved using AI_in_Discharge

5/ Why are Doctors always busy?

Doctors -

  • Are always under pressure to grow the business with limited time to strategise.

  • Tend to handle subjects that are out of their comfort and skill zone such as financing, accounting, operational efficiency, digital health ecosystem, budgeting & fundraising.

  • Don’t obsessively focus on data to stitch the Patient Journey hence always feel as if the system is out of control.

  • Book a Consult with Agenda+Health (link)