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Nirma to acquire 75% stake in Glenmark Life Sciences for $680 mn

Healthcare

21 September, 2023

Nirma to acquire 75% stake in Glenmark Life Sciences for $680 mn

Glenmark Pharmaceuticals Ltd said Thursday it has agreed to sell a 75% stake in its subsidiary Glenmark Life Sciences Ltd ......

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Glenmark revives API biz sale after stock crumbles

Healthcare

11 April, 2023

Glenmark revives API biz sale after stock crumbles

Glenmark Pharmaceuticals Ltd is considering selling a majority stake in Glenmark Life Sciences to pare debt, said two people familiar ......

IFC invests $40 mn in Glenmark under COVID-19 programme

Healthcare

24 March, 2021

IFC invests $40 mn in Glenmark under COVID-19 programme

International Finance Corporation (IFC) will lend $40 million (Rs 290 crore) to Indian drugmaker Glenmark Pharmaceuticals Ltd.  The loan to Glenmark ......

Dr Reddy's to buy Glenmark's select anti-allergy brands in Russia, other countries

Healthcare

30 November, 2020

Dr Reddy's to buy Glenmark's select anti-allergy brands in Russia, other countries

Dr. Reddy’s Laboratories Ltd has agreed to acquire select anti-allergy brands from Glenmark Pharmaceuticals Ltd in Russia, Ukraine, Kazakhstan and ......

Pharma powers Indian shares to three-month closing high

Markets

22 June, 2020

Pharma powers Indian shares to three-month closing high

Indian shares closed at a three-month high on Monday as domestic regulatory approvals to manufacture COVID-19 drugs lifted pharmaceutical stocks, ......

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Temasek makes first full exit from Indian portfolio in nearly two years

Healthcare

18 May, 2020

Temasek makes first full exit from Indian portfolio in nearly two years

Singapore state investor Temasek Holdings Pte. Ltd has made its first full exit from an Indian portfolio company in more ......

HUL acquires intimate hygiene brand from Glenmark

Consumer

23 March, 2020

HUL acquires intimate hygiene brand from Glenmark

HUL acquires intimate hygiene brand from Glenmark Fast-moving consumer goods major Hindustan Unilever Ltd (HUL) has signed an agreement with Glenmark ......

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Temasek makes another partial exit from agri-business firm

Manufacturing

25 February, 2020

Temasek makes another partial exit from agri-business firm

Singapore state investor Temasek Holdings Pte. Ltd has pared its stake in an agri-business company, taking advantage of a rally ......

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Temasek stares at massive haircut from Indian pharma investment

Healthcare

28 January, 2020

Temasek stares at massive haircut from Indian pharma investment

Singapore state investor Temasek Holdings is staring at a sharp loss from its nearly five-year-old investment in an Indian drugmaker ......

True North to acquire Glenmark's gynaecology business

Healthcare

21 January, 2020

True North to acquire Glenmark's gynaecology business

Private equity firm True North has agreed to acquire Glenmark Pharmaceuticals Ltd’s gynaecology business in India and Nepal for Rs ......