Tencent-backed China online healthcare venture raises $250 million Garima25 April 2019 11:07 AM ISTBEIJING: China's Tencent Trusted Doctor, a venture backed by tech giant Tencent Holdings, said it has raised $250 million in a fundraising round, as...
Everstone acquires stake in Chennai based CPC Diagnostics Garima14 March 2019 4:59 PM ISTThe strategic partnership with Everstone Group will help CPC Diagnostics take its product portfolio to new customers and markets, the Chennai-based...
Cipla to acquire 11.71 percent stake in Wellthy Therapeutics Garima20 Feb 2019 2:55 PM ISTNew Delhi: Drug major Cipla Monday said it has inked a pact to acquire 11.71 per cent stake in Wellthy Therapeutics. Golden cross Pharma, a...
InvAscent-led India Life Sciences Fund raises Rs 25 crore for its New Fund Garima2 Feb 2019 4:16 PM ISTInvAscent, famed for its early-stage backing of Gland Pharma and Health Care Global through the first fund Evolvence India Life Sciences Fund, will...
Eli Lilly to acquire Loxo Oncology for $8 billion Medical Dialogues Bureau8 Jan 2019 12:09 PM ISTWashington: -Pharmaceutical giant Eli Lilly will acquire cancer treatment specialist Loxo Oncology in a cash deal valued at around $8 billion, the...
Strides Pharma board approves USD 15 million investment in Stelis Biopharma Medical Dialogues Bureau23 Nov 2018 12:14 PM ISTNew Delhi: Strides Pharma Science Thursday said its board has approved plans to invest another USD 15 million in its biotech arm Stelis Biopharma. The...
Make in Odisha: government launches Rs 2750 Crore investment in Healthcare Medical Dialogues Bureau16 Nov 2018 10:00 AM ISTNew Delhi: Odisha government has launched the Vision-2025 health care at the Make in Odisha Conclave 2018, the flagship biennial global investors'...
Strides Pharma Science to get Rs 147 Crore funding for consumer healthcare business Medical Dialogues Bureau2 Nov 2018 11:57 AM ISTThe agreement also envisages Strides Consumer Pvt Ltd to become a fully owned subsidiary of Strides Global Consumer Healthcare Ltd at a later date,...
BRS Venture Plans to invest Rs 2193 crore to acquire Indian Hospitals Medical Dialogues Bureau28 Oct 2018 9:15 AM ISTNew Delhi: The UAE-based USD 3 billion BRS Ventures plans to acquire hospitals in India, as it looks to consolidate its healthcare practice. BRS...
China fines pharma firm $1.3 billion in vaccine scandal Medical Dialogues Bureau17 Oct 2018 3:03 PM ISTBEIJING: Chinese authorities have slapped penalties totaling a whopping US$1.3 billion on a pharmaceutical company over a vaccine scandal that fuelled...
Abraajs stake in 1 Billion Dollar healthcare fund to be split among other investors Medical Dialogues Bureau10 Oct 2018 6:04 PM ISTLenders, which had been expecting AlixPartners to sell Abraaj’s stake in the fund to other partners or dilute the stake, view the move as the worst...
Trivitron Healthcare eyes Rs 750 crore revenue in Financial Year 2019 Medical Dialogues Bureau8 Oct 2018 10:25 AM ISTNew Delhi: Domestic medical devices maker Trivitron Healthcare is looking to clock revenue of around Rs 750 crore in the current fiscal year, as it...