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Healthcare

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

Torrent Pharma in race for part of Elder Pharmaceuticals

Healthcare

22 November, 2013

Torrent Pharma in race for part of Elder Pharmaceuticals

Ahmedabad-based drugmaker Torrent Pharmaceuticals Ltd has submitted a non-exclusive bid to acquire certain businesses of Elder Pharmaceuticals Ltd, it disclosed ......

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Our capital is best employed in India given the growth here: Fortis Healthcare chief Vishal Bali

Healthcare Services

22 November, 2013

Our capital is best employed in India given the growth here: Fortis Healthcare chief Vishal Bali

Billionaire brothers Malvinder and Shivinder Singh promoted Fortis Healthcare runs one of the biggest hospital chains in India. It has ......

Cipla hikes stake in Quality Chemical to 51.05% for $15M

Healthcare

21 November, 2013

Cipla hikes stake in Quality Chemical to 51.05% for $15M

Cipla, through its wholly-owned subsidiary Meditab Holdings Ltd (MHL), has acquired an additional 14.5 per cent stake in Quality Chemical ......

Avesthagen Pharma signs pact with Elpen to distribute biosimilar

Healthcare

20 November, 2013

Avesthagen Pharma signs pact with Elpen to distribute biosimilar

Villoo Patell-promoted Avesthagen Pharma AG (APAG) has signed an agreement with Greek life science company Elpen Pharmaceuticals to distribute its ......

US-based Perrigo acquiring 15% stake held by local partners in Indian arm

Healthcare

19 November, 2013

US-based Perrigo acquiring 15% stake held by local partners in Indian arm

US-based OTC and generic pharmaceutical maker Perrigo Company is investing Rs 130 crore in its local arm to raise its ......

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Why Baring PE India prefers drugmakers over healthcare delivery services firms in its investment strategy

Healthcare

19 November, 2013

Why Baring PE India prefers drugmakers over healthcare delivery services firms in its investment strategy

Baring Private Equity Partners India Ltd (Baring PE India), which is currently deploying its third sector-agnostic fund, has been investing ......

ChrysCapital-backed Ipca acquiring 50% of Avik for $1M

Healthcare

18 November, 2013

ChrysCapital-backed Ipca acquiring 50% of Avik for $1M

ChrysCapital-backed pharmaceutical major Ipca Laboratories Ltd is acquiring 50 per cent of Gujarat-based Avik Pharmaceuticals Ltd for Rs 6.51 crore ......

Acumen invests $750K in low-cost diagnostic player Asian Health Alliance

Healthcare

14 November, 2013

Acumen invests $750K in low-cost diagnostic player Asian Health Alliance

Acumen, a non-profit global venture firm, is investing Rs 4.3 crore in Asian Health Alliance (AHA) which owns and operates ......

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Core Diagnostics in talks to raise up to $5M afresh, close to acquisition in the US

Healthcare

21 November, 2013

Core Diagnostics in talks to raise up to $5M afresh, close to acquisition in the US

Artiman Ventures-backed Core Diagnostics Pvt Ltd, which focuses on next generation diagnostics segments like oncology and cardiology, is in discussions ......

Sun Pharma Q2 net profit quadruples; raises revenue growth outlook

Healthcare

14 November, 2013

Sun Pharma Q2 net profit quadruples; raises revenue growth outlook

Sun Pharmaceuticals Ltd, the country’s largest drug-maker by market capitalisation, posted strong revenues and a four-fold increase in net profit ......

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