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

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NCLAT sets aside Sterling Biotech liquidation, allows lenders to drop insolvency case

Healthcare

29 August, 2019

NCLAT sets aside Sterling Biotech liquidation, allows lenders to drop insolvency case

The National Company Law Appellate Tribunal (NCLAT) has set aside a lower court’s order to liquidate Sterling Biotech Ltd...

JM Financial PE Fund invests in Innovcare Lifesciences

Healthcare

29 August, 2019

JM Financial PE Fund invests in Innovcare Lifesciences

Nutraceutical firm Innovcare Lifesciences Pvt. Ltd has raised Rs 45 crore ($6.4 million) from JM Financial Private Equity Fund...

 Strides Pharma buys Micelle BioPharma's manufacturing facility in US

Healthcare

27 August, 2019

Strides Pharma buys Micelle BioPharma's manufacturing facility in US

Drugmaker Strides Pharma Science Ltd said on Tuesday it has acquired a manufacturing facility in Florida from Micelle BioPharma...

Mitsubishi to invest in digital healthcare platform SastaSundar

Finance

27 August, 2019

Mitsubishi to invest in digital healthcare platform SastaSundar

Japanese conglomerate Mitsubishi Corporation has agreed to invest Rs 100 crore ($13.92 million at current exchange rates) in SastaSundar...

Lupin to divest Japan injectables biz, other assets to UAE's Neopharma

Healthcare

23 August, 2019

Lupin to divest Japan injectables biz, other assets to UAE's Neopharma

Drugmaker Lupin said it will sell its Japanese injectables business and related assets to a unit of UAE-based pharmaceuticals...

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Somerset-backed Krsnaa Diagnostics ropes in new private equity investor

Healthcare

21 August, 2019

Somerset-backed Krsnaa Diagnostics ropes in new private equity investor

Krsnaa Diagnostics Pvt. Ltd, which operates radiology and pathology centres through an asset-light model within third-party-run...

Alkemi Venture Partners leads Series A funding in health-tech startup Doxper

Healthcare

14 August, 2019

Alkemi Venture Partners leads Series A funding in health-tech startup Doxper

Health-tech startup Doxper on Wednesday said it has raised $4 million (Rs 28.4 crore) in its Series A round of ......

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UAE-based billionaire seals large India hospital deal

Healthcare

09 August, 2019

UAE-based billionaire seals large India hospital deal

Billionaire BR Shetty has sealed a transaction to buy two hospitals in Mumbai and Visakhapatnam, a move that will help ......

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Has Multiples PE-backed Vikram Hospital turned the corner?

Healthcare

09 August, 2019

Has Multiples PE-backed Vikram Hospital turned the corner?

When Somesh Mittal was hired as the chief executive of Vikram Hospital in 2017, he had just one mandate from ......

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Temasek set to lead big funding round in Ascent Health; PE investor may exit

Healthcare

05 August, 2019

Temasek set to lead big funding round in Ascent Health; PE investor may exit

Ascent Health and Wellness Solutions Pvt. Ltd is set to raise a new funding round led by Singapore state investment ......

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