Dutch investment firm Exor takes 15 percent stake in Philips for around USD 2.8 billion Ruchika Sharma18 Aug 2023 3:12 PM ISTAmsterdam: Healthcare technology company Philips has said that Dutch investment firm Exor NV has taken a 15% stake in the company in a deal worth...
Sandoz plans to build Biosimilar Technical Development Center in Slovenia Ruchika Sharma20 July 2023 3:30 PM ISTBasel: Sandoz has announced an investment of approximately USD 90 million at its site in Ljubljana, Slovenia to establish a dedicated Sandoz Biopharma...
Novo Nordisk infuses DKK 15.9 bn in expansion of manufacturing facilities in Hillerød, Denmark Ruchika Sharma12 Jun 2023 2:00 PM ISTDenmark: Novo Nordisk has announced plans to invest 15.9 billion Danish kroner starting in 2023 to expand an existing Active Pharmaceutical...
Laurus Labs to buy additional stake of 7.24 percent in Immunoadoptive Cell Therapy for Rs 80 Crore Ruchika Sharma1 Jun 2023 1:00 PM ISTAdditionally, some promoters and senior management of Laurus Labs would also acquire in ImmunoACT for a 0.54% stake (before this investment) for...
Medtronic to expand Medtronic Engineering & Innovation Center in Hyderabad with investment of Rs 3000 crore Ruchika Sharma18 May 2023 5:30 PM ISTThis investment builds on the initial investment of USD 160M in MEIC that was announced back in 2020 and expands the company’s footprint in India.
59 companies get land in upcoming medical device park near Noida Ruchika Sharma1 May 2023 12:30 PM IST"The list of medical devices that will be manufactured at the park is quite extensive and diverse," the official said.
Natco Pharma to set up subsidiary in Indonesia with investment of Rs 25 crore Ruchika Sharma21 April 2023 11:15 AM ISTNatco will initially invest USD 1 million for a stake of 51 per cent as capital contribution and balance will be invested as and when the funds are...
Dr Moopen's Family increases 4 percent stake in Aster DM Healthcare buying shares for Rs 460 crore Ruchika Sharma29 March 2023 3:20 PM ISTDubai: The promoters of Aster DM Healthcare have increased their shareholding in the India listed company by 4% from 37.88% to 41.88%, after acquiring...
Hetero Group to invest Rs 1000 crore to expand pharma, specialist business in Andhra Pradesh Ruchika Sharma4 March 2023 3:46 PM ISTAndhra Pradesh: Drug maker Hetero Group will be investing Rs 1,000 crore to expand its pharmaceutical and specialist business in Andhra Pradesh, its...
17 MoUs signed inviting investment of Rs 2110 Crore: Himachal Pradesh CM Ruchika Sharma4 March 2023 1:30 PM ISTLupin Limited met the government delegation and expressed its interest in setting up a fermentation-based API unit in the upcoming Bulk Drug Park.
Bristol Myers Squibb to establish state of -the-art site in Hyderabad with investment of Rs 800 crore Ruchika Sharma23 Feb 2023 4:30 PM ISTSamit Hirawat said the new BMS site in Hyderabad will also create significant employment and economic opportunities locally as we continue to grow our...
Biocon raises Rs 1067 crore from Kotak to fund biosimilars deal Ruchika Sharma23 Feb 2023 1:00 PM IST"This investment in Biocon comes at a pivotal point when Biocon is forward integrating its biosimilars business," Srini Sriniwasan, managing director...
