Cygnus Medicare sells majority stake to Amar Ujala for Rs 130 crore Farhat Nasim25 Nov 2019 6:30 AM GMTThe investment of Rs 130 crore includes a significant primary commitment which includes the merger of two Ujala Healthcare hospitals as well as the...
Laurus Labs to acquire subsidiary of ASPEN Pharmacare Farhat Nasim24 Sep 2019 4:00 AM GMT"The completion of conditions precedent, by way of cash consideration of ZAR 75,000, the Pharmaceutical company said in a statement here. The...
Roche, Spark Therapeutics $4.3 billion deal delayed again amid US, UK scrutiny Farhat Nasim10 Jun 2019 4:00 AM GMTRoche said on Monday that both companies received a request for more information from the U.S. Federal Trade Commission in connection with the FTC's...
Torrent Pharma posts Q4 net loss of Rs 152 crore Garima24 May 2019 3:45 AM GMTThe company had posted a net profit of Rs 228 crore for the corresponding period of the previous fiscal, Torrent Pharma said in a filing to the...
Roche withdraws refiling of Premerger Notification, Report Form under the HSR Act Farhat Nasim28 April 2019 4:15 AM GMTRoche has elected to withdraw and refile the Premerger Notification and Report Form under the HSR Act.New Delhi: Roche and Spark Therapeutics, Inc....
Netmeds acquires health tech startup KiViHealth with Rs 70 crore investment commitment Garima26 March 2019 4:40 AM GMTNetmeds didn't disclose the deal value but said it will invest about $10 million (Rs 70 crore) to grow the healthcare business of KiViHealth.Chennai:...
Thermo Fisher to acquire Brammer Bio in 1.7 Billion Dollar deal Garima25 March 2019 6:48 AM GMTThermo Fisher to acquire Brammer Bio in 1.7 Billion Dollar dealUS Thermo Fisher Scientific Inc, the world's largest maker of scientific instruments,...
Novartis division Alcon acquires Power Vision Garima20 March 2019 4:17 AM GMTUnder the terms of the agreement, Alcon, a Novartis division paid USD 285 million to PowerVision at closing with additional payments based on...
True North to acquire controlling stake in Max Bupa Health Insurance for Rs 511 crore Garima27 Feb 2019 7:21 AM GMTThe transaction will lead to a cash inflow of Rs 511 crore for Max India. The company intends to utilize the proceeds to invest in both existing and...
Bharat Biotech acquires GSK Indian arm that produces anti rabies vaccine Garima18 Feb 2019 8:37 AM GMTHyderabad: Bharat Biotech has recently announced the forthcoming acquisition of Chiron Behring Vaccines Pvt Ltd, located in Ankleshwar, Gujarat from...
Emami acquires German brand Creme 21 for Rs 100 crore Garima2 Feb 2019 4:15 AM GMTCreme 21, which has major business in the Middle East and other focus markets, has been acquired at less than 1.5 times of its sales, said Emami in a...
Lambda Therapeutic acquires US based Novum Pharmaceutical Research Services Garima31 Jan 2019 4:00 AM GMT"Combining with Lambda creates an opportunity for Novum and our clients to have a broader capability across a global footprint to accommodate the...