Top Stories

Zydus Cadila acquires US drugmaker Sentynl Therapeutics

Joseph Rai

Cadila Healthcare Ltd, which operates under the brand Zydus Cadila, has purchased US-based specialty pharmaceuticals company Sentynl Therapeutics Inc for an undisclosed amount in its second acquisition within three weeks.

 Matrix Partners-backed Centre for Sight eyes alternative funding, scraps IPO plan

Joseph Rai

New Delhi Centre for Sight Pvt Ltd, which operates eye-care chain Centre for Sight, has shelved plans to go public and is looking at other funding options for the time being, a top company executive told VCCircle.

 Exclusive: Sutures may merge with another TPG portfolio firm ahead of IPO

Joseph Rai & Ranjani Raghavan

Private equity firm TPG Growth is planning to consolidate two portfolio firms in the medical consumable sector in India as it seeks to test the public market for the business, two people aware of the development told VCCircle.

Daiichi Sankyo seeks to stop Fortis Healthcare stake sale

Maulik Vyas

The Indian subsidiary of Japanese drugmaker Daiichi Sankyo Co Ltd is seeking an interim injunction against brothers Malvinder and Shivinder Singh from selling a stake in Fortis Healthcare Ltd, a person familiar with the development said.