Fortis Healthcare Limited will acquire TMI Healthcare Private Limited, which runs People Tree Hospitals, a leading multispecialty hospital located in Yeshwanthpur, Bengaluru, for Rs 430 crore, the company said on...
Samsung Biologics to buy US drug production facility from GSK for $280 million
South Korea’s Samsung Biologics said on Monday it is acquiring its first U.S. drug production facility from GSK for $280 million to respond to long-term U.S. market demand. The company’s U.S. unit...
BioMarin to buy Amicus Therapeutics for $4.8 billion in rare disease bet
BioMarin Pharmaceutical said on Friday it would acquire Amicus Therapeutics for about $4.8 billion, in the drugmaker’s second deal this year to expand its presence in rare diseases. The acquisition gives BioMarin...
Cencora to take majority control of cancer care network OneOncology for $5 billion
U.S. drug distributor Cencora said on Monday it will take majority control of cancer care network OneOncology in a $5 billion deal, accelerating its push to provide more services to cancer clinics. Cencora, which...
EQT Partners lines up $1 billion CitiusTech exit
EQT Partners is looking to raise nearly $1 billion (₹8,996 crore) by selling its entire 40% stake in CitiusTech, a global healthcare technology, analytics and consulting company, monetising its six-year-old investment...
UnitedHealth agrees to sell South American business to private equity firm Patria for $1 billion, sources say
UnitedHealth Group has agreed to sell its last South American business Banmedica to Brazilian private equity group Patria Investments for $1 billion, two sources with knowledge of the matter said on Sunday. The final...
Kauvery Hospitals’ promoters look to buy back 5% stake from Lightrock
Promoters of Sri Kauvery Medical Care (India) (Kauvery Hospitals), a leading multispecialty hospital chain in Tamil Nadu, are in advanced talks to buy back around 5% stake from existing investor Lightrock, said people...
Baby Memorial Hospital front-runner for Star Hospitals, Fortis also in fray
Baby Memorial Hospital, backed by KKR, has emerged the front-runner to acquire Hyderabad-based Star Hospitals in a closely fought contest, said people familiar with the development. It is said to have offered ₹2,500...
Eris Lifesciences shares in focus on move to acquire Swiss Parenterals in Rs 423 crore deal
Shares of Eris Lifesciences Ltd will be in focus heading into trade on Tuesday, November 25, after the company said it has initiated a full takeover of its injectable manufacturing arm, Swiss Parenterals, by purchasing...
J&J expands cancer portfolio with $3.05 billion Halda buy
Johnson & Johnson said on Monday it would buy privately held Halda Therapeutics for $3.05 billion in cash, aiming to expand its presence in treatments targeting solid tumors and prostate cancer. This marks the...
Apollo Hospitals eyes Q4 FY27 listing for HealthCo amid major restructuring
Apollo Hospitals, the largest pan-India hospital chain by revenue, is on track to list Apollo HealthCo by the fourth quarter of next financial year, an outcome of a multi-layered restructuring plan, said its group chief...
AIMS hospital founder looks to buy back PE investors’ 49% stake
The founder of Asian Institute of Medical Sciences (AIMS), Narendra Pandey, is looking to buy back 49% stake held by private equity investors in the Faridabad-based hospital, people aware of the development said. Pandey...
