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Piramal hints at demerging healthcare, financial services units

Healthcare

17 May, 2016

Piramal hints at demerging healthcare, financial services units

Billionaire Ajay Piramal, chairman of Piramal Enterprises Ltd, has hinted at a move to split the company’s healthcare and financial ......

Strides Shasun board approves divestment of UK unit

Healthcare

16 May, 2016

Strides Shasun board approves divestment of UK unit

Bangalore-based Strides Shasun Ltd said its board has approved the divestment of its contract research and manufacturing services (CRAMS) and ......

China's Fosun bids for KKR-backed Gland Pharma

Healthcare

16 May, 2016

China's Fosun bids for KKR-backed Gland Pharma

Shanghai Fosun Pharmaceutical (Group) Co Ltd said on Monday it has made a non-binding offer to acquire Gland Pharma Ltd, ......

Piramal Enterprises to acquire four Pfizer brands for $16.5 mn

Healthcare

13 May, 2016

Piramal Enterprises to acquire four Pfizer brands for $16.5 mn

Piramal Enterprises Ltd said on Friday it has agreed to purchase four brands from drugmaker Pfizer Ltd for Rs 110 ......

Daiichi says Singh brothers must pay $143M more in Ranbaxy deal

Healthcare

06 May, 2016

Daiichi says Singh brothers must pay $143M more in Ranbaxy deal

Japan’s Daiichi Sankyo Co Ltd said on Friday brothers Malvinder Mohan Singh and Shivinder Mohan Singh will have to pay ......

Former Ranbaxy promoters fined $385 mn for hiding facts in Daiichi deal

Healthcare

05 May, 2016

Former Ranbaxy promoters fined $385 mn for hiding facts in Daiichi deal

An arbitration court in Singapore has slapped a fine of Rs 2,563 crore ($385 million) on brothers Malvinder Mohan Singh ......

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Cipla's game plan for PE-backed consumer healthcare business

Healthcare

20 April, 2016

Cipla's game plan for PE-backed consumer healthcare business

Drugmaker Cipla Ltd’s newly formed consumer healthcare subsidiary Cipla Health Ltd, in which PE firm Eight Roads Ventures has a ......

SeQuent Scientific's animal health unit to buy 70% stake in Interchange Brazil

Healthcare

15 April, 2016

SeQuent Scientific's animal health unit to buy 70% stake in Interchange Brazil

Pharmaceutical company SeQuent Scientific Ltd said on Friday unit Alivira Animal Health Ltd will acquire a 70 per cent stake ......

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Sabre Partners invests in Invictus Oncology

Healthcare

08 April, 2016

Sabre Partners invests in Invictus Oncology

India-centric mid-market private equity firm Sabre Partners that has lately been focusing on the healthcare sector has invested in a ......

Samara to buy Adcock's India unit for $22M

Pharmaceuticals

08 April, 2016

Samara to buy Adcock's India unit for $22M

South African drugmaker Adcock Ingram Holdings Ltd said on Wednesday it has signed definitive pacts to sell its India business ......