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Thursday, 20 June 2019

Finance News

  • IHH Healthcare to exit Apollo Gleneagles Hospitals

    Finance |  News | 0 Comment | 23 Aug, 2018

    Malaysian hospital chain IHH Healthcare, which won the bid for debt-ridden Fortis Healthcare, will sell its 50 per cent stake in Apollo Gleneagles Hospitals in Kolkata and its radiology cen...Read more

  • ChrysCapital to invest Rs 200 Cr in eyecare chain

    Finance |  News | 0 Comment | 20 Aug, 2018

    Private equity fund ChrysCapital is planning to acquire a minority stake in Dr Agarwal’s Health Care Ltd, a leading eyecare chain. ChrysCap will invest about Rs 200-250 crore. The fu...Read more

  • Morepen Laboratories reports net profit of Rs. 2.46 Cr

    Finance |  News | 0 Comment | 17 Aug, 2018

    Morepen Laboratories Ltd. has reported a 93 percent rise in its consolidated net profit at Rs. 2.46 crore, on consolidated net sales revenue of Rs. 161.81 crore in the first quarter (Q1) of...Read more

  • Cipla Uganda unit to raise $45 M through IPO

    Finance |  News | 0 Comment | 17 Aug, 2018

    The Ugandan unit of Indian drugmaker Cipla priced its initial public offering (IPO) at 256.5 shillings per share, aiming to raise $45 million from its listing on the Kampala stock exchange ...Read more

  • Carlyle likely to invest $100 M in BDR Pharma

    Finance |  News | 0 Comment | 14 Aug, 2018

    Private equity firm Carlyle is in talks with promoters of Mumbai-based BDR Pharma to invest $100 million in the drug company, the funding for which is expected to be used in expanding the c...Read more

  • Cipla announced Q1 FY19 results

    Finance |  News | 0 Comment | 08 Aug, 2018

    Cipla has announced the appointment of Dr. R. Ananthanarayanan (Ananth) as its Global Chief Operating Officer (GCOO), effective 8 August 2018. In his role at Cipla, Ananth will oversee R&a...Read more

  • Torrent Pharma announces Q1 FY 2018-19 Results

    Finance |  News | 0 Comment | 06 Aug, 2018

    Ahmedabad-based pharmaceuticals major, Torrent Pharmaceuticals Limited has released financial results for the quarter ended 30th June 2018. The company has registered 37% growth for Q1 FY ...Read more

  • NextGen Science Media raises Rs 1Cr seed funding

    Finance |  News | 0 Comment | 31 Jul, 2018

    NextGen Science Media (NGSM), a start-up media venture that focuses on emerging medical science and technology trends for new-age clinicians, raised its first round of funding from Singapor...Read more

  • Biocon Q1 FY19 net profit jumps 47% to Rs. 120 Crore

    Finance |  News | 0 Comment | 27 Jul, 2018

    Biocon Ltd , Asia's premier biopharmaceuticals company has announced its consolidated financial results for the fiscal first quarter ended June 30, 2018. Commenting on the highlights,...Read more

  • Apollo to buy LifePoint in a $5.6B deal

    Finance |  News | 0 Comment | 24 Jul, 2018

    LifePoint Health, Inc. and RCCH HealthCare Partners which is owned by certain funds managed by affiliates of Apollo Global Management, LLC has announced that they have entered into a defini...Read more

  • Granules India's revenue surges by 21% to Rs 468 Cr.

    Finance |  News | 0 Comment | 24 Jul, 2018

    Granules India Ltd., a growing pharmaceutical manufacturing company, announced  its financial results for the first quarter ended 30th June 2018.   The Company reported a standa...Read more

  • LeapFrog acquires majority stake in Ascent Meditech

    Finance |  News | 0 Comment | 17 Jul, 2018

    LeapFrog Investments ("LeapFrog"), the leading investor in companies that deliver healthcare and financial services for emerging consumers, have acquired a majority stake in Ascent Meditech...Read more

  • Mitra Biotech completes $40M financing round

    Finance |  News | 0 Comment | 13 Jul, 2018

    Mitra RxDx (Mitra Biotech), a privately held biotech company and global leader in advancing truly personalized oncology treatment, recently announced the completion of a $40 million financi...Read more

  • Asia Healthcare platform raises $50M

    Finance |  News | 0 Comment | 05 Jul, 2018

    Asia Healthcare Holdings (AHH) has raised $50 million from Temasek-owned Sheares Healthcare, an investor and provider of healthcare delivery services. The investment from Sheares Healthcare...Read more

  • NirogStreet raises $ 300K from Japanese venture

    Finance |  News | 0 Comment | 13 Jun, 2018

    India’s first tech induced Ayurveda platform, NirogStreet raising USD 300k from the Japanese venture fund Spiral Ventures to strengthen technology.   With maximum focus on tech...Read more

  • ZIM Laboratories Ltd to list on BSE Main Board

    Finance |  News | 0 Comment | 07 Jun, 2018

    ZIM Laboratories Limited (ZIM) is a unique R&D centered pharmaceutical company focused on developing and supply of complex generics products based on proprietary  Novel Drug Delive...Read more

  • NB Ventures invest into Zoctr Health

    Finance |  News | 0 Comment | 05 Jun, 2018

    Mumbai-based healthtech startup Zoctr Health has raised an undisclosed amount of Pre-Series A funding from NB Ventures, Dubai and a host of other angel investors including Udaipur Angel Net...Read more

  • Cytecare secures funding to build national oncology franchise

    Finance |  News | 0 Comment | 31 May, 2018

    Cytecare Hospitals Private Limited, a leading provider of cancer care in India, announced the closure of its $31 million Series A round, including participation from Goldman Sachs, a leadin...Read more