Mumbai, Maharashtra, India–With the world’s attention continuously focused on the Indian healthcare sector, and this market more dynamic than ever, it is essential for the industry to have an annual platform to recognize the exemplary work done by organizations and individuals for their significant contributions and achievements.

Taking this initiative forward, Frost & Sullivan organized its second annual 2010 India Excellence in Healthcare Awards at JW Marriott Hotel, Mumbai. Alexandria Equities Management (India) Pvt. Ltd. partnered with Frost & Sullivan for this year’s edition.

• 22 Companies honored for their outstanding and exceptional performances across the Healthcare & Life Sciences Industry

• Special award announced, “Frost & Sullivan’s Lifetime Achievement Award in Healthcare Sector” presented to Dr. Prathap C Reddy, Executive Chairman, Apollo Hospitals

• The stalwart honored with this award was Dr. Prathap C Reddy, Executive Chairman, Apollo Hospitals Group. Dr. Reddy is the visionary whose vision and efforts resulted in India gaining prominence on the global healthcare map. His path breaking initiatives have brought about a paradigm shift and have made global healthcare companies look at India as an emerging and attractive opportunity; his initiatives have also helped domestic healthcare companies grow and address local needs. His great contribution to the Indian healthcare industry has led to a positive shift in perception of Indian healthcare services at a global level.

• Approximately 300 senior, Hospitals, Healthcare IT, Diagnostics, Wellness, Private equity sectors in attendance

• The panel of judges represented the who’s who from the Pharmaceutical, Biotechnology, Medical Technologies, Healthcare Delivery, Healthcare IT and Private Equity Sector

“This amalgamation of all segments of healthcare industry on a single platform is a one of its kind,” said Sandeep Sinha, Director, Healthcare Practice, South Asia and Middle East, Frost & Sullivan. “As per our credo of analyzing and recognizing excellence, we adopted a comprehensive and rigorous methodology to honor the best in class. These awards have a wider context in terms of our recipients touching one of the basic aspects of human well being, that is, health and also working towards making the country a healthier and productive nation through their products and services.”

Sandeep further added, “We are also delighted to see such a great response as out here we have representatives from all segments of the healthcare and life sciences industry. This kind of support and encouragement from the industry definitely boosts our morale and motivates us to have a bigger and wider Coverage in coming years. Our heartfelt thanks to Alexandria for partnering Frost & Sullivan in this initiative and India Venture Advisors Pvt. Ltd. as well and we look forward to surpass expectations in years to come.”

“We are happy to support the ‘2010 India excellence in Healthcare Awards’ organized by Frost & Sullivan, India’s distinguished Growth Partnership Company, said Mr. A. K. Purwar, Chairman, India Venture Advisors Pvt. Ltd. “We are honored to recognize these exemplary companies that contribute towards improvising the global and Indian healthcare industry and hope that this will inspire others to work towards similar innovations in the future.”

Alexandria – Frost & Sullivan 2010 India in Excellence Award recipients in various categories

India Venture Advisors Pvt. Ltd. is the Private Equity Partner and Parker is the writing Instrument Partner for the event.

Pharma Bio World, Express Healthcare, Express Pharma, The Pharma Review, eHealth, HealthNEWS.Direct!, MediNEWS.Direct!, and Modern Medicare are the media partners and NDTV Profit is the Electronic media partner for this prestigious event.

To know more about this event please log on to www.frost.com/hcawards2010