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Biocon Biologics gets third PE cheque this year as Goldman bets $150 mn

Healthcare

09 November, 2020

Biocon Biologics gets third PE cheque this year as Goldman bets $150 mn

Biopharmaceuticals company Biocon Ltd’s biosimilars unit is getting a big funding cheque from Goldman Sachs, after roping in private equity ......

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True North looks to back former Biocon execs' drug research firm

Healthcare

22 September, 2020

True North looks to back former Biocon execs' drug research firm

Homegrown private equity firm True North is in advanced negotiations to pick up a stake in a pharmaceutical research and ......

Tata Capital PE fund to invest in Biocon subsidiary

Healthcare

31 July, 2020

Tata Capital PE fund to invest in Biocon subsidiary

Biopharmaceuticals company Biocon Ltd has attracted another private equity firm to invest in its biosimilar unit just months after getting ......

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True North deploys half of sixth PE fund after making a quiet final close

Finance

13 July, 2020

True North deploys half of sixth PE fund after making a quiet final close

True North has invested half of the capital raised under its sixth fund, an executive said, after the private equity ......

PE-backed pathology chains get a shot in the arm as SC tweaks virus testing order

Healthcare

13 April, 2020

PE-backed pathology chains get a shot in the arm as SC tweaks virus testing order

The Supreme Court on Monday modified its recent order that had made it mandatory for private-sector pathology chains like Dr ......

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How PE and M&A dealmaking turned out in healthcare sector in Jan-March

Finance

09 April, 2020

How PE and M&A dealmaking turned out in healthcare sector in Jan-March

India’s healthcare sector recorded fewer private equity transactions as well as mergers and acquisitions in the first quarter of 2020 ......

Supreme Court's free testing order may hinder virus fight, warn business leaders

General

09 April, 2020

Supreme Court's free testing order may hinder virus fight, warn business leaders

A decision by the Supreme Court of India to make testing for coronavirus free places an unfair financial burden on ......

True North to invest $75 mn in Biocon's biosimilar unit

Healthcare

06 January, 2020

True North to invest $75 mn in Biocon's biosimilar unit

Indian biotechnology firm Biocon Ltd on Monday said that private equity firm True North will invest Rs 536.25 crore ($74.84 ......

Biocon elevates finance chief Siddharth Mittal as CEO

Healthcare

03 December, 2019

Biocon elevates finance chief Siddharth Mittal as CEO

Biocon Ltd said on Tuesday it has appointed Siddharth Mittal as chief executive officer and joint managing director, in another ......

Biocon buys Pfizer's R&D facility to boost biosimilars development

Healthcare

24 September, 2019

Biocon buys Pfizer's R&D facility to boost biosimilars development

Indian biotechnology firm Biocon Ltd on Tuesday said it has acquired a Chennai-based research and development (R&D) facility from Pfizer ......