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Pharmaceuticals

Daiichi Sankyo sells entire 8.9% stake in Sun Pharma for $3.18B; Temasek, GIC among buyers

Healthcare

21 April, 2015

Daiichi Sankyo sells entire 8.9% stake in Sun Pharma for $3.18B; Temasek, GIC among buyers

Japanese drugmaker Daiichi Sankyo has sold its entire holding of 8.9 per cent in India's top pharmaceuticals firm by market ......

Carlyle exits Claris Lifesciences with around 2x in nine years

Healthcare

20 April, 2015

Carlyle exits Claris Lifesciences with around 2x in nine years

Private equity investor Carlyle has exited its nine-year-old investment in pharmaceutical firm Claris Lifesciences Ltd by selling its entire 11.29 ......

Daiichi Sankyo puts $3.6B stake in Sun Pharma on the block

Healthcare

20 April, 2015

Daiichi Sankyo puts $3.6B stake in Sun Pharma on the block

Japanese drugmaker Daiichi Sankyo is looking to sell partly or fully its 9 per cent stake in India's top pharmaceuticals ......

Temasek to invest $151M in Glenmark Pharma

Healthcare

17 April, 2015

Temasek to invest $151M in Glenmark Pharma

Glenmark Pharmaceuticals Ltd is raising Rs 945 crore ($151 million) through a preferential allotment to Singapore government-owned investment firm Temasek, ......

SeQuent Scientific raises $8.4M from value investor Mankekars

Healthcare

16 April, 2015

SeQuent Scientific raises $8.4M from value investor Mankekars

Academician and value investor Shivanand Mankekar and his son Kedar have invested Rs 52.25 crore ($8.4 million) in fine chemicals ......

Aurobindo Pharma sells Australian arm to Eris Pharma

Healthcare

14 April, 2015

Aurobindo Pharma sells Australian arm to Eris Pharma

Aurobindo Pharma Ltd, a Hyderabad-based drugmaker, has sold its entire stake in step-down subsidiary Aurobindo Pharma (Australia) Pty Ltd to ......

Plethico to pay $23.3M to Aurobindo for settling dispute over Natrol

Healthcare

09 April, 2015

Plethico to pay $23.3M to Aurobindo for settling dispute over Natrol

Indore-based pharmaceutical company Plethico Pharmaceuticals Ltd has agreed to pay $23.3 million to Aurobindo Pharma Ltd, a Hyderabad-based drugmaker, in ......

Cipla to buy Brazilian drug distributor Duomed

Healthcare

09 April, 2015

Cipla to buy Brazilian drug distributor Duomed

Mumbai-based drugmaker Cipla Ltd has inked a deal to buy Duomed Produtos Farmaceuticos Ltd, a two-year-old importer and distributor of ......

Dr Reddy's Labs to buy select branded drugs of Belgium's UCB in South Asia for $128M

Healthcare

01 April, 2015

Dr Reddy's Labs to buy select branded drugs of Belgium's UCB in South Asia for $128M

Hyderabad-based Dr Reddy's Laboratories Ltd, India's second-largest drugmaker by sales, has agreed to acquire a portfolio of established brands of ......

Biocon's arm Syngene appoints Peter Bains as CEO

Healthcare

01 April, 2015

Biocon's arm Syngene appoints Peter Bains as CEO

Syngene International, a subsidiary of biopharmaceutical major Biocon Ltd, has appointed Peter Bains as chief operating officer, as per a ......