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Healthcare

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

Jubilant Life Sciences reports Rs 53Cr net loss weighed by MTM losses; revenues up 9% in Q1

Healthcare

01 August, 2013

Jubilant Life Sciences reports Rs 53Cr net loss weighed by MTM losses; revenues up 9% in Q1

Jubilant Life Sciences Ltd reported 9 per cent rise in revenues to Rs 1,358 crore for the first quarter, but ......

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Ivy Hospital to follow asset-light expansion strategy; mulls 2nd round of funding by mid-2014

Healthcare

01 August, 2013

Ivy Hospital to follow asset-light expansion strategy; mulls 2nd round of funding by mid-2014

Mohali-based Ivy Health and Life Sciences Pvt Ltd, which raised $12.21 million from German financial institution DEG (Deutsche Investitions-und Entwicklungsgesllschaft ......

Vivimed to acquire Actavis' formulations manufacturing facility in Tamil Nadu for $20M

Healthcare

06 August, 2013

Vivimed to acquire Actavis' formulations manufacturing facility in Tamil Nadu for $20M

Hyderabad-based Vivimed Labs Ltd, which manufactures specialty chemicals and pharmaceuticals, has struck a deal to acquire the solid oral dosage ......

Bangalore's Kemwell Biopharma acquires US-based Cirrus Pharma

Healthcare

31 July, 2013

Bangalore's Kemwell Biopharma acquires US-based Cirrus Pharma

Bangalore-based Kemwell Biopharma, which does contract pharmaceutical development and manufacturing, has acquired American contract research and product development company Cirrus ......

Cipla completes acquisition of South Africa's Cipla Medpro

Healthcare

31 July, 2013

Cipla completes acquisition of South Africa's Cipla Medpro

Mumbai-based Cipla Ltd has completed acquisition of Cipla Medpro South Africa Ltd, its distribution partner in South Africa, thereby sealing ......

India revokes GSK patent in latest blow for Big Pharma

Healthcare

02 August, 2013

India revokes GSK patent in latest blow for Big Pharma

India has revoked a patent granted to GlaxoSmithKline Plc for its breast cancer drug Tykerb, a decision that follows a ......

Dr Reddy's reports 7% growth in PAT to Rs 361Cr, misses street estimates

Healthcare

30 July, 2013

Dr Reddy's reports 7% growth in PAT to Rs 361Cr, misses street estimates

Dr Reddy’s Laboratories Ltd, the second-largest drugmaker in India by market capitalisation, reported a 7 per cent rise in net ......

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Kauvery Hospitals eyes over $16.5M in PE funding by mid-2014

Healthcare

30 July, 2013

Kauvery Hospitals eyes over $16.5M in PE funding by mid-2014

Sri Kavery Medical Care (Trichy) Pvt Ltd, which runs multi-specialty hospitals under the brand Kauvery, is planning to raise over ......

Ipca Labs' PAT rises 67% in Q1, exports buoy revenues

Healthcare

30 July, 2013

Ipca Labs' PAT rises 67% in Q1, exports buoy revenues

Mumbai-based drug-maker Ipca Laboratories Ltd reported strong 67 per cent growth in net profit for the quarter ended June 30, ......

Serial entrepreneurs Meena & K Ganesh buy healthcare services firm Portea Medical

Healthcare

30 July, 2013

Serial entrepreneurs Meena & K Ganesh buy healthcare services firm Portea Medical

Serial entrepreneurs Krishnan Ganesh and his wife Meena have acquired Delhi-based Portea Medical Pvt Ltd, a provider of in-home healthcare ......

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