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Somerset bets on CDMO firm in fifth deal from second fund

Healthcare

20 April, 2023

Somerset bets on CDMO firm in fifth deal from second fund

Somerset Indus Capital Partners, a healthcare-focused private equity firm, has closed its fifth investment from its second fund with a ......

Premium
India Inc's legal costs slip off FY19 perch; Sun Pharma retakes top spot

Finance

21 October, 2020

India Inc's legal costs slip off FY19 perch; Sun Pharma retakes top spot

India Inc’s legal expenses pace came down to a high single digit rate in 2019-20 from the fastest growth seen ......

Wockhardt's Huzaifa Khorakiwala to launch healthcare-focused angel fund

Healthcare

13 December, 2016

Wockhardt's Huzaifa Khorakiwala to launch healthcare-focused angel fund

Huzaifa Khorakiwala, executive director at drugmaker Wockhardt, is set to float a healthcare-focused angel fund that puts him among a ......

USFDA bans import of drugs from Wockhardt's Ankleshwar plant

Healthcare

06 August, 2016

USFDA bans import of drugs from Wockhardt's Ankleshwar plant

In yet another blow to drug maker Wockhardt, US Food and Drug Administration (USFDA) has banned import of products manufactured ......

Wockhardt raises $13.4M through IPO of European arm

Healthcare

19 December, 2013

Wockhardt raises $13.4M through IPO of European arm

Mumbai-based generic drugmaker Wockhardt Ltd has raised CHF 11.86 million ($13.37 million) in an initial public offering (IPO) through its ......

Wockhardt gets warning from USFDA over Chikalthana plant at Aurangabad

Healthcare

27 November, 2013

Wockhardt gets warning from USFDA over Chikalthana plant at Aurangabad

In another setback to Mumbai-based generic drugmaker Wockhardt Ltd, it has received an import alert from US Food and Drug ......

Wockhardt gets notice from UK regulator for its Daman plant

Healthcare

22 October, 2013

Wockhardt gets notice from UK regulator for its Daman plant

UK’s drug regulator has revoked the quality compliance certificate of Mumbai-based Wockhardt Ltd’s factory located in Nani Daman, making it ......

Wockhardt says FDA alert affects potential sales of $100M

Healthcare

23 May, 2013

Wockhardt says FDA alert affects potential sales of $100M

Drug maker Wockhardt Ltd said up to $100 million in annualised revenue could be lost as a result of a ......