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Healthcare

Discover news, funding updates, regulatory changes, and sector insights impacting the health care industry in India.

ChrysCapital buys 27% stake in Corona Remedies, Creador exits with 4X returns

Healthcare

06 April, 2021

ChrysCapital buys 27% stake in Corona Remedies, Creador exits with 4X returns

Homegrown private equity firm ChrysCapital has acquired a 27% stake for an undisclosed amount in pharmaceuticals company Corona...

India's daily COVID-19 cases surpass 100,000 mark for first time

Healthcare

05 April, 2021

India's daily COVID-19 cases surpass 100,000 mark for first time

India's daily COVID-19 cases soared by 103,558 on Monday, the biggest such daily increase, data from the health ministry showed,...

NIIF private equity fund enters healthcare with investment in Manipal Hospitals

Healthcare

01 April, 2021

NIIF private equity fund enters healthcare with investment in Manipal Hospitals

National Investment and Infrastructure Fund (NIIF) on Thursday said it has invested Rs 2,100 crore ($286.7 million) in multispeciality...

GlaxoSmithKline to sell Karnataka plant to Hetero Labs

Healthcare

31 March, 2021

GlaxoSmithKline to sell Karnataka plant to Hetero Labs

GlaxoSmithKline Pharmaceuticals on Wednesday said it will sell its manufacturing facility in Karnataka to Hetero Labs for Rs 180...

Piramal Pharma's contract division to acquire Hemmo

Healthcare

31 March, 2021

Piramal Pharma's contract division to acquire Hemmo

The contract development and manufacturing organisation of Piramal Pharma Ltd on Wednesday said it has signed an agreement to...

India records 56,211 new cases of coronavirus

Healthcare

30 March, 2021

India records 56,211 new cases of coronavirus

India recorded 56,211 new cases of coronavirus, a slight dip from the country's record-breaking tallies over the last three...

Serum Institute delays expected launch of Novavax vaccine in India

Healthcare

30 March, 2021

Serum Institute delays expected launch of Novavax vaccine in India

The launch in India of a new COVID-19 vaccine developed jointly by the Serum Institute of India and US-based biotech ......

India delays big exports of AstraZeneca shot as infections surge

Healthcare

25 March, 2021

India delays big exports of AstraZeneca shot as infections surge

India has put a temporary hold on all major exports of the AstraZeneca coronavirus shot made by the Serum Institute ......

CX Partners backed Veeda buys stake in pre-clinical research firm Bioneeds

Healthcare

24 March, 2021

CX Partners backed Veeda buys stake in pre-clinical research firm Bioneeds

Clinical research organisation Veeda Clinical Research, which is backed by domestic private equity firm CX Partners, Tuesday said...

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...

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