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GSK Velu's Maxvision eye hospital chain hires banker to raise fresh funds

Joseph Rai

Serial entrepreneur GSK Velu-run Maxivision Super Specialty Eye Hospitals has mandated an investment bank to raise about Rs 200 crore (around $30 million), two persons privy to the development told VCCircle.

OrbiMed-backed Eurolife Healthcare to buy Baxter's form-fill-seal infusion biz in India

Joseph Rai

Indian specialty pharmaceuticals company Eurolife Healthcare said it will acquire the form-fill-seal (FSS) infusion business from Baxter India, a subsidiary of US-based medical products company Baxter International, for an undisclosed amount.

 How much IFC made in Fortis Healthcare part-exit

Joseph Rai

International Finance Corporation (IFC), which has been trimming its stake in Fortis Healthcare Ltd for the past year, has offloaded its entire equity stake in the firm though it remains invested in the hospital chain through convertible bonds.

Former Mylan execs’ drug firm Eywa gets PE funding from Eight Roads, F-Prime Capital

Ranjani Raghavan

Eywa Pharma Pte Ltd said on Tuesday it has raised $30 million (Rs 200 crore) from investors including private equity firms Eight Roads Ventures India and US-based F-Prime Capital Partners.