Top Stories

Cipla, Aurobindo Pharma to acquire drugs from Teva

Ranjani Raghavan

Cipla Ltd and Aurobindo Pharma Ltd have agreed to acquire some generic drugs from Teva Pharmaceutical Industries Ltd in the US, as the Indian generic drugmakers seek to strengthen their presence in the world’s largest pharmaceutical market.

China's Fosun to acquire majority stake in KKR-backed Gland Pharma for $1.26 bn

Joseph Rai

China's Shanghai Fosun Pharmaceuticals (Group) Co. Ltd will acquire a majority stake in Hyderabad-based Gland Pharma Ltd for up to $1.26 billion (Rs 8,440 crore), the Indian company’s private equity investor KKR & Co. LP said on Thursday.

 Exclusive: PE-backed Axiss Dental hires banker to raise funds afresh

Joseph Rai

Axiss Dental Pvt. Ltd has appointed a banker to mobilise funds for expansion, its co-founder said, as the Delhi-based chain of clinics controlled by India Equity Partners seeks to tap into new opportunities in the country’s growing dental care segment.

Hospital chain Columbia Asia raises $101 mn from Japan's Mitsui

Joseph Rai

Columbia Asia, which operates a chain of hospitals in India and Southeast Asia, said it has raised $101 million (Rs 672 crore) from Japanese trading and investment firm Mitsui & Co. Ltd.