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Spotlight: Ascent-backed Skanray needs to defy one-trick-pony act to get new investors

Healthcare

10 May, 2024

Spotlight: Ascent-backed Skanray needs to defy one-trick-pony act to get new investors

Mysore-based medical device manufacturer Skanray Technologies Pvt. Ltd recorded robust growth during FY21 amid a raging pandemic but has since ......

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TPG-backed firm to absorb Indian drugmaker's contract development biz, go public

Healthcare

25 September, 2023

TPG-backed firm to absorb Indian drugmaker's contract development biz, go public

An Indian biopharmaceutical company that counts private equity firm TPG as an investor will absorb a local drugmaker’s contract development ......

Strides Pharma Science to buy Endo's US manufacturing unit, ANDAs

Healthcare

06 August, 2021

Strides Pharma Science to buy Endo's US manufacturing unit, ANDAs

Strides Pharma Science Ltd on Friday said it has signed definitive agreements with the units of American drug maker Endo ......

TPG Growth leads Series C funding in Strides' biopharma division

Healthcare

19 March, 2021

TPG Growth leads Series C funding in Strides' biopharma division

Stelis Biopharma, a division of Mumbai-listed Strides Pharma Science, has raised $125 million (Rs 907 crore) as part of its ......

Grapevine: Blackstone plans Aadhar Housing IPO; Strides Pharma, Mytrah seek buyers

General

08 December, 2020

Grapevine: Blackstone plans Aadhar Housing IPO; Strides Pharma, Mytrah seek buyers

Private equity firm Blackstone Group Inc. has started a process to float an initial public offering of mortgage lender Aadhar ......

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Strides Pharma, founder return to injectables biz seven years after Mylan deal

Healthcare

14 September, 2020

Strides Pharma, founder return to injectables biz seven years after Mylan deal

Strides Pharma Science Ltd and the family office of its founder have set up a new company to mark their ......

Arun Kumar's family office to buy SeQuent's stake in Strides Pharma

Healthcare

12 August, 2020

Arun Kumar's family office to buy SeQuent's stake in Strides Pharma

SeQuent Scientific Ltd said on Tuesday it has agreed to sell its stake in Strides Pharma Science Ltd to the ......

Strides Pharma hires Cipla executive as CEO as founder steps aside

Healthcare

09 January, 2020

Strides Pharma hires Cipla executive as CEO as founder steps aside

Strides Pharma Science Ltd said it has recruited R Ananthanarayanan from pharmaceuticals major Cipla Ltd as its chief executive officer ......

Ascent Capital-backed SeQuent Scientific on the block

Healthcare

04 December, 2019

Ascent Capital-backed SeQuent Scientific on the block

The founders of SeQuent Scientific Ltd are looking to sell their stake in the Mumbai-based pharmaceutical company, people privy to ......

Sensex rises this week on govt move to cut corporate taxes

Markets

27 September, 2019

Sensex rises this week on govt move to cut corporate taxes

Indian shares closed lower on Friday, pressured by auto and metal stocks, as investors hoped for more stimulus to revive ......