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Creador-backed Corona Remedies set to buy a clutch of drugs

Healthcare

08 February, 2017

Creador-backed Corona Remedies set to buy a clutch of drugs

Less than a year after it raised capital from private equity firm Creador Capital, Gujarat-based drugmaker Corona Remedies Pvt. Ltd ......

Strides Shasun, SeQuent Scientific to merge bulk drugs units

Healthcare

03 February, 2017

Strides Shasun, SeQuent Scientific to merge bulk drugs units

Strides Shasun Ltd and SeQuent Scientific Ltd have agreed to merge some of their bulk drugs businesses and separately sell ......

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ChrysCapital logs partial exit from PIPE portfolio with handsome returns

Healthcare

02 February, 2017

ChrysCapital logs partial exit from PIPE portfolio with handsome returns

ChrysCapital Investment Advisors India Pvt Ltd, which is in the process of raising its new fund, has offloaded more stake ......

Cipla scouts for more acquisitions to build US biz

Healthcare

08 February, 2017

Cipla scouts for more acquisitions to build US biz

Indian drugmaker Cipla Ltd's third-quarter profit beat estimates due to higher sales in the United States, and the company said ......

Cheer for medical devices, pharma; industry largely disappointed

Pharmaceuticals

01 February, 2017

Cheer for medical devices, pharma; industry largely disappointed

Finance Minister Arun Jaitley on Wednesday significantly raised the budget allocation for healthcare expenditure for FY2017-18 while offering reasons to cheer for ......

Piramal to acquire drugs from UK firm Mallinckrodt for $171 mn

Healthcare

30 January, 2017

Piramal to acquire drugs from UK firm Mallinckrodt for $171 mn

Billionaire Ajay Piramal-led Piramal Enterprises Ltd said on Monday it will acquire a portfolio of drugs from UK-based Mallinckrodt LLC ......

Zydus Cadila acquires US drugmaker Sentynl Therapeutics

Healthcare

20 January, 2017

Zydus Cadila acquires US drugmaker Sentynl Therapeutics

Cadila Healthcare Ltd, which operates under the brand Zydus Cadila, has purchased US-based specialty pharmaceuticals company Sentynl Therapeutics Inc for ......

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Kotak's PIPE fund bets on Mumbai-based pharma firm

Healthcare

16 January, 2017

Kotak's PIPE fund bets on Mumbai-based pharma firm

Kotak Private Equity, the alternative asset investment arm of India’s fourth-largest private lender Kotak Mahindra Bank, has picked a stake ......

BCCL's Brand Capital backs nutritional supplements maker Genmedic Healthcare

Healthcare

11 January, 2017

BCCL's Brand Capital backs nutritional supplements maker Genmedic Healthcare

Genmedic Healthcare Pvt Ltd, which makes vegetarian nutritional supplements under the Super Gummy brand, on Wednesday said it has raised ......

Former Dr. Reddy's exec-led Slayback Pharma raises $60 mn from KKR

Healthcare

09 January, 2017

Former Dr. Reddy's exec-led Slayback Pharma raises $60 mn from KKR

Slayback Pharma, LLC, a privately held pharmaceutical company founded by a former executive of Indian drugmaker Dr. Reddy's Laboratories Ltd, ......