Ahmedabad-based Zydus Lifesciences is evaluating acquisition of a majority stake in US-based Ardelyx Inc., with the deal likely to be valued at $2.2–2.5 billion, two people aware of the development told Mint. The...
Genesis Health approved to sell nursing home in $1 bln bankruptcy deal
Bankrupt Genesis Health received court approval on Tuesday to sell its nursing homes to an outside buyer for $1 billion, just over a month after a U.S. bankruptcy judge rejected a previous offer from company insiders. U...
Apollo Hospitals demerger is a biz call taken for shareholders, says Suneeta Reddy; rules out family rift
Apollo Hospitals Enterprise’s ongoing restructuring to spin off its pharmacy and digital health business was a purely board-driven decision to sharpen strategic focus and create shareholder value, Suneeta Reddy...
AstraZeneca to acquire Modella AI to speed oncology drug research
AstraZeneca has agreed to buy Boston-based Modella AI, the companies said on Tuesday, as the drug industry increases its use of artificial intelligence to accelerate the discovery of new drugs. The companies did not...
UK’s Smith & Nephew to buy Integrity Orthopaedics for up to $450 million
British medical products maker Smith & Nephew will buy U.S.-based Integrity Orthopaedics in a deal that could be valued at up to $450 million, the company said on Monday. The deal comes a month after Smith &...
Staar Surgical to reject Alcon takeover bid after failing to win shareholder backing
STAAR Surgical said on Tuesday it plans to terminate its merger agreement with Swiss eyecare giant Alcon after failing to secure enough shareholder votes to approve the deal, sending its shares down more than 12%. The...
Board of Park Medi World approves acquisition of Krishna Super-speciality Hospital
The board of Park Medi World at its meeting held on 05 January 2026 has approved the acquisition of whole of existing shareholding of Krishna Super-speciality Hospital which owns and operates Mahip Hospitals for a...
Jupiter Hospital, Reliance-backed co in race for Mumbai SevenHills
A Reliance Industries-backed company and Jupiter Hospital are in the fray to acquire the unlisted SevenHills Healthcare, people with knowledge of the matter told ET. The target is a 1,500-bed hospital embroiled in a...
Fortis to acquire Bengaluru’s People Tree Hospitals for Rs 430 crore
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...
