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Orchid Pharma to transfer a division to a joint venture with US firm Bionpharma

Healthcare

06 May, 2021

Orchid Pharma to transfer a division to a joint venture with US firm Bionpharma

Orchid Pharma Ltd on Thursday said that it will transfer its non-penicillin, non-cephalosporin (NPNC) formulations division to a new joint ......

Dhanuka Laboratories takes over Orchid Pharma under insolvency plan

Healthcare

01 April, 2020

Dhanuka Laboratories takes over Orchid Pharma under insolvency plan

Dhanuka Laboratories Ltd has taken over Orchid Pharma Ltd as per an insolvency resolution plan that was approved by courts ......

Top court sets aside NCLAT order on Dhanuka's offer for Orchid Pharma

Healthcare

04 March, 2020

Top court sets aside NCLAT order on Dhanuka's offer for Orchid Pharma

The Supreme Court has set aside an insolvency appeals court’s order against Dhanuka Laboratories Ltd’s resolution plan to acquire debt-laden ......

NCLAT stays Dhanuka Labs' takeover of Orchid Pharma on plea by failed suitor

Healthcare

29 July, 2019

NCLAT stays Dhanuka Labs' takeover of Orchid Pharma on plea by failed suitor

An appeals tribunal has stayed a bankruptcy court's approval to the resolution plan of Dhanuka Laboratories Ltd for Orchid Pharma ......

NCLT approves Dhanuka Laboratories bid to take over Orchid Pharma

Healthcare

26 June, 2019

NCLT approves Dhanuka Laboratories bid to take over Orchid Pharma

The National Company Law Tribunal has cleared a resolution plan submitted by Dhanuka Laboratories Ltd to acquire debt-laden drugmaker Orchid ......

Stressed assets: NCLT gets more judges; Jet Airways finally lands into bankruptcy court

General

21 June, 2019

Stressed assets: NCLT gets more judges; Jet Airways finally lands into bankruptcy court

In a development that will help ease the burden of bankruptcy courts and expedite the resolution of distressed assets, the ......

Stressed assets this week: Amtek Auto starts afresh, Orchid Pharma faces a twist

General

15 June, 2019

Stressed assets this week: Amtek Auto starts afresh, Orchid Pharma faces a twist

On June 14, 2017, the Reserve Bank of India asked banks to take the 12 biggest debt defaulters to bankruptcy ......

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Two drugmakers in race for Orchid Pharma as revival hopes brighten

Healthcare

20 May, 2019

Two drugmakers in race for Orchid Pharma as revival hopes brighten

Orchid Pharma Ltd has attracted takeover interest from three suitors, including two drugmakers, re-igniting hopes for a revival of the ......

Orchid Pharma set for fresh bidding after lngen Capital fails to inject funds

Healthcare

04 March, 2019

Orchid Pharma set for fresh bidding after lngen Capital fails to inject funds

The insolvency resolution professional of debt-laden Orchid Pharma Ltd has again invited expressions of interest from potential investors, setting the ......