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PAG consortium to acquire controlling stake in Optimus group firms

Healthcare

11 May, 2022

PAG consortium to acquire controlling stake in Optimus group firms

Asian alternative investment firm PAG has agreed to buy a controlling stake in three group entities of Hyderabad-based drugmaker Optimus ......

InvAscent invests Rs 250 cr in bulk drugs firm Malladi

Healthcare

25 April, 2022

InvAscent invests Rs 250 cr in bulk drugs firm Malladi

Healthcare focused private equity firm InvAscent has invested Rs 250 crore in bulk drugs maker Malladi Drugs and Pharmaceuticals Ltd ......

Advent to buy controlling stake in Avra Labs to strengthen bulk drug biz in India

Healthcare

24 January, 2022

Advent to buy controlling stake in Avra Labs to strengthen bulk drug biz in India

Advent International on Monday said it has agreed to acquire a controlling stake in Avra Laboratories Pvt Ltd as the ......

Carlyle backs Indian drugmaker Viyash to set up integrated generic pharma platform

Healthcare

16 November, 2021

Carlyle backs Indian drugmaker Viyash to set up integrated generic pharma platform

Global investment firm Carlyle and Hyderabad-based drugmaker Viyash Life Sciences Pvt Ltd have jointly set up an integrated generic pharmaceutical ......

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Steadview Capital makes partial exit from bulk drugs firm

Healthcare

01 March, 2021

Steadview Capital makes partial exit from bulk drugs firm

Alternative investment firm Steadview Capital has made back-to-back partial exits from portfolio companies taking advantage of the buoyant stock market ......

Indian pharma firms go local seeking to end reliance on China

Healthcare

23 February, 2021

Indian pharma firms go local seeking to end reliance on China

Indian drug companies are looking to local makers of so-called active pharmaceutical ingredients (API) or trying to make them in-house ......

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Bulk drugs maker to pop out ‘benchmark returns' pill for Morgan Stanley

Healthcare

10 February, 2021

Bulk drugs maker to pop out ‘benchmark returns' pill for Morgan Stanley

ZCL Chemicals Ltd is all set to serve up benchmark returns for Morgan Stanley PE Asia as the investor gets ......

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Bulk drugs hot up as US state pension fund piles into Steadview-backed API maker

Healthcare

10 February, 2021

Bulk drugs hot up as US state pension fund piles into Steadview-backed API maker

A US state pension fund has invested in a Hyderabad-based active pharmaceutical ingredients (API) maker.  This is the latest in a ......

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Carlyle weighs possible bid for south India bulk-drugs firm

Healthcare

18 September, 2020

Carlyle weighs possible bid for south India bulk-drugs firm

Private equity firm The Carlyle Group is evaluating a Hyderabad-based bulk-drugs maker as part of its plan to build an ......

Govt to boost drug and medical device production to cut imports

Healthcare

27 July, 2020

Govt to boost drug and medical device production to cut imports

India’s chemicals minister on Monday outlined plans to boost local manufacturing in the bulk drugs and medical device industries to ......