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Medication Exports Considerably Grow

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In January-May 2017 exports rose by 28.6% year on year (up 223 million USD) and constituted 1 003 million USD, while imports rose by 10.8% (+287 million USD) and totaled 2 941 million USD. According to Ministry of Economy, in May 2016 exports rose by 25% (+43 million USD), while …

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Pasha Bank Hosted Healthcare Sector Development Conference

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Pasha Bank hosted the third business conference in the frame of MEETING ROOM. The topic of the conference was Healthcare Sector Development. The aim of the conference was to gather healthcare sector employees and interested individuals. There were healthcare development strategies discussed: survey of Georgian Healthcare system, capital as a …

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New Radiation Medicine Center Launches in Georgia

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On June 9th, at 16.00 pm, the official opening of New Radiation Medicine Center will be held at Lisi Lake.  The investment cost of hospital amounts to 25 million GEL, which is an unprecedented investment for Georgian medicine. The equipment in the center can diagnose the tumor at the early …

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IC Group Sells Hospitals

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IC Group insurance company has withdrawn from hospital sector. According to GBC news agency, IC Group has sold subsidiaries: Alliance Medi+, Medical Park Georgia, Bolnisi District Hospital, Bolnisi Adults District Polyclinics, Diagnostika-2000 and Bolnisi District Urgent Aid Service -03. The clinics were bought by Alliance Med Service. Total value of …

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Healthcare and Rehabilitation Center to Open in Shovi

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Kazakhstan businessmen invest in construction of healthcare and rehabilitation center for Children and Mothers in Shovi. Eurasian Invest company already owns hotel in Racha boarding house Mamison which is a part of healthcare center project. At this stage company implements road construction after which main works on center will start …

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Georgia Healthcare Group improves Q1 net profit

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Shares in Georgia Healthcare Group are down almost 3% as it posted an improved first-quarter net profit, with both revenue and EBITDA ahead. Net profit was GEL13.0m (about £4.3m), up 8.4% on the year. Its revenue was GEL186.6m, up 157.1%, while EBITDA was GEL25.1m, up 46.3%. “We believe we remain …

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Georgian Anti-Hep C Project an Overwhelming Success

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Large-scale elimination of virus is the result of pilot program launched by U.S. pharmaceutical manufacturer, which offered free treatment to hepatitis patients. Georgia has been successful in almost completely curing hepatitis C, two years after the start of a pilot project bringing together the U.S. Centers for Disease Controls, the …

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Medical Tourism Perspectives in Georgia

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Medical tourism has been developed at the highest level in many countries, including in Thailand, Egypt, Turkey, Israel. Thousand of tourists visit these countries every year. This interesting direction of tourism has real development perspectives in Georgia too, even more so, our country was always famous for its special spa …

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Veins Urgent Assistance Center to Launch Operation

Veins Urgent Assistance Center to Launch Operation

Free Consultations for Prevention of Chronic Vein Disease. Starting April 9 a veins urgent assistance center will launch operation at Tbilisi Mall  to provide free consultations about progression of chronic vein diseases and risks of their progress, as well as to introduce prevention mechanisms and share recommendations that should be …

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