Switzerland’s Roche will acquire its U.S. collaboration partner Poseida Therapeutics in a cash deal worth up to $1.5 billion, banking on complex immune cell therapies against several types of blood cancer to boost...
India’s Apollo Radiology acquires reporting wing of UK’s InHealth Group
Apollo Radiology International (ARI) has acquired the radiology reporting unit of InHealth Group, the UK’s largest specialist provider of diagnostic and healthcare solutions. ARI, a unit of Apollo Hospitals Group and a...
Medical services provider CareMax files for Chapter 11 restructuring
CareMax, which operates 56 medical centers in Florida, Texas, Tennessee and New York catering largely to older patients, filed for Chapter 11 bankruptcy in Texas on Sunday. The Miami-based firm listed debts of $693...
US sues to block UnitedHealth’s $3.3 bln purchase of Amedisys
The Justice Department and three U.S. states filed a lawsuit on Tuesday to block UnitedHealth Group’s $3.3 billion purchase of Amedisys Inc over concern the deal would harm competition in the market for home...
Cardinal Health acquires GI Alliance, Advanced Diabetes for about $3.9 bln
Cardinal Health said on Monday it acquired majority stakes in GI Alliance (GIA) and Advanced Diabetes Supply Group (ADSG) for about $3.9 billion in an all cash deal. The Dublin, Ohio-based drug distributor has acquired...
TA Associates to acquire majority stake in Vee Healthtek for $250 m
US private equity fund, TA Associates, will acquire the Bengaluru- and US-based revenue cycle management (RCM) services provider Vee Healthtek for $250 million (about Rs 2100 crore), said sources aware of the...
Australia clears Chemist Warehouse-Sigma Healthcare $5.8 bln deal
The Australian competition regulator, on Thursday, cleared privately owned pharmacy chain Chemist Warehouse’s reverse takeover of Sigma Healthcare, paving the way to create an A$8.8 billion ($5.78 billion) entity...
OmniActive Health acquires botanical ingredients company ENovate Biolife
OmniActive Health Technologies, the Mumbai-based nutraceutical maker backed by PE firm TA Associates on Thursday said it has acquired ENovate Biolife, a developer of proprietary, clinically researched botanical...
Yatharth Hospital to acquire 60% stake in Faridabad-based facility
Yatharth Hospital and Trauma Care Services said its board has approved the acquisition of 60 per cent stake in a Faridabad-based hospital, which is yet to commence operations, at an enterprise value of Rs 152 crore. The...
Fortis Healthcare gets CCI nod to acquire additional stake in Agilus Diagnostics for Rs 1,780 cr
The competition watchdog CCI on Tuesday approved Fortis Healthcare’s proposal to acquire an additional 31.52 per cent stake in Agilus Diagnostics. Multi-speciality hospital chain Fortis Healthcare Ltd (FHL) is...
Abhay HealthTech acquires MNP Healthcare to expand footprint in OTC segment
Abhay HealthTech on Saturday announced the acquisition of consumer healthcare products manufacturer MNP Healthcare for an undisclosed amount. The strategic acquisition of MNP Healthcare is a significant milestone in...
Merck buys cancer therapy developer Modifi Biosciences for up to $1.3 bln
Merck has acquired Modifi Biosciences for as much as $1.3 billion, gaining access to its experimental cancer therapies, the privately held biotech firm said on Wednesday. As part of the deal, the U.S. drugmaker paid $30...
