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Funds advised by Apax Partners to acquire Healthium MedTech Private Limited

Mumbai, April 12, 2018: Quinag Acquisition (FDI) Limited, a company backed by funds advised by Apax Partners ("the Apax Funds") today announced that it has entered into a definitive agreement to acquire a controlling stake in Healthium MedTech Private Limited...

Torrent Pharma may raise $231m to support bid for Sanofi’s generics business

New Delhi, March 15, 2018: Torrent Pharma Ltd is likely to raise at least Rs1,500 crore by selling shares to institutional investors, as it prepares a bid for the generic drugs unit of France’s Sanofi, two people aware of the...

Acquisition of European Generic Businesses Partially Comforting to Indian Formulators

Acquisitions Carry Risks and May Outweigh Benefits Targeted to Counter Near to Medium term Profitability Concerns New Delhi, March 13, 2018: India Ratings and Research (Ind-Ra) believes that the sale of European generic assets by global pharmaceutical majors will throw open...

Nifty Pharma gains 2% as sentiment boosted after Dr Reddy’s Duvvada unit gets EIR...

New Delhi, December 01, 2017: Dr Reddy's was biggest gainer among Nifty 50 stocks, rising 5 percent; followed by Sun Pharma (up 4 percent), Lupin (1.4 percent), Cipla (2 percent) and Wockhardt (3.51 percent). Pharma stocks hogged the limelight on...

BIOCAD launches the new manufacturing site in North Africa

Moscow, November 30, 2017: Russian biotechnology company BIOCAD and Moroccan pharmaceutical company Sothema Labs announced the launch of medicines derived using the technology provided by the Russian manufacturer into the North African market. The manufacturing of Russian biosimilars of rituximab...

Shalby Limited: PublicOffer opens on Tuesday, December 5, 2017, closes on Thursday, December 7,...

Mumbai, November 29, 2017: Shalby Limited (the “Company”) proposes to open, an initial public offering of equity shares of face value of Rs. 10 each (“Equity Shares”) for cash at aPrice including ashare premium (the “Offer”) on Tuesday, December...

CPhI & P-MEC India 2017 at Bombay Exhibition Centre ( BEC )

New Delhi, November 29, 2017: UBM India, India's leading B2B exhibition organizer inaugurated the 11th edition of the signature event, CPhI & P-MEC India 2017 at Bombay Exhibition Centre ( BEC ) today. The marquee expo is being held at two venues in Mumbai...

PM reviews steps taken to reduce under-nutrition

New Delhi, November 27, 2017: The Prime Minister, Shri Narendra Modi, on Friday reviewed the progress and efforts being made to prevent and reduce under-nutrition and related problems in India. The high level review meeting was attended by officials from...

SBI donates Advanced Dialysis Equipments to St. John’s Medical Hospital, Bengaluru

Bengaluru, November 20, 2017: As one of the major CSR activities of country’s largest lender State Bank of India, Mr. P.K. Gupta, Managing Director (R&DB), SBI today inaugurated “SBI – St. John’s Child Dialysis Centre”. This is an exclusive Centre for...

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