Strides to exit investment in Arrow Pharma for over Rs 2000 crore Medical Dialogues Bureau30 Jan 2019 9:30 AM IST"Strides will receive AUD 300 million as upfront payment at the closure of the transaction, while the balance AUD 94 million to be deferred through a...
Paras Healthcare infuses Rs 500 crore to add 830 beds in 2019 Medical Dialogues Bureau17 Jan 2019 9:45 AM IST"We are investing Rs 500 crore to add 830 beds in 2019 across our three hospitals. This includes 232 beds in our Panchkula hospital which we have just...
Abbvie to record $4 billion impairment charges on Stemcentrx assets Medical Dialogues Bureau6 Jan 2019 9:00 AM ISTThe drugmaker acquired Rova-T through its $5.8 billion acquisition of Stemcentrx in 2016, as it aimed to enter the broad and lucrative arena of solid...
IHH Healthcare open offer to acquistion of 26% stake in Fortis to commence on Dec 18 Medical Dialogues Bureau14 Dec 2018 9:15 AM ISTNew Delhi: The open offer by Malaysian firm IHH Healthcare Berhad to acquire additional 26 per cent stake in Fortis Healthcare will commence on...
Tivity Health to buy Nutrisystem for Rs 140 crores Medical Dialogues Bureau11 Dec 2018 9:15 AM ISTNew Delhi: Tivity Health Inc said recently it would buy diet plan developer Nutrisystem Inc for $1.4 billion(Rs 140 crores) in cash and stock, as it...
Fresenius plunges as health firm warns investment to hit profit Medical Dialogues Bureau10 Dec 2018 9:00 AM ISTAmong its projects, the German company is developing copies of off-patent biotech drugs known as biosimilars and is also increasing output capacity in...
Bayer reduces combined sales estimate for its experimental drugs Medical Dialogues Bureau8 Dec 2018 9:20 AM ISTFRANKFURT: Germany's Bayer, which acquired seed company, Monsanto, this year, reduced its combined sales estimate for its most promising experimental...
AstraZeneca enters distribution agreement with Abbott for diabetes drug Medical Dialogues Bureau8 Dec 2018 9:00 AM ISTNew Delhi: Drug firm AstraZenecaPharma India Friday said it has entered into a distribution agreement with Abbott Healthcare for distribution of...
Alembic Pharma plans to get upto Rs 500 crore through NCDs Farhat Nasim7 Dec 2018 9:50 AM ISTNew Delhi: Drug firm Alembic Pharma on Thursday said it plans to raise up to Rs 500 crore through issue of non-convertible debentures (NCDs) on...
Alembic Pharma gets USFDA nod for Candesartan Cilexetil tablets Medical Dialogues Bureau7 Dec 2018 9:15 AM ISTNew Delhi: Drug firm Alembic Pharma on Wednesday said it has received approval from the US health regulator for Candesartan Cilexetil tablets, used...
HUL, GSK Consumer shares rise 4 pc after boards approve merger Medical Dialogues Bureau5 Dec 2018 9:57 AM ISTNew Delhi: Shares of Hindustan Unilever and Glaxo Smith Kline (GSK) Consumer Healthcare Monday surged 4 per cent on BSE after their boards approved...
Chairman Anders Lonner dead: Karo Pharma Medical Dialogues Bureau4 Dec 2018 9:00 AM ISTSTOCKHOLM: Speciality pharma firm Karo Pharma's Chairman Anders Lonner has died, the company said in a statement recently."Anders Lonner has suddenly...