Zydus Lifesciences announced on June 23 that it will acquire 6.5 per cent equity stake in Mylab Discovery Solutions Limited for ₹106 crore. The deal is a share purchase agreement of Zydus Animal Health and Investments...
Fortis Healthcare to divest Vadapalani Hospital business for ₹152 crore
Fortis Healthcare Limited announced on Thursday about signing of a definitive agreements for sale of its hospital business operations at Vadapalani, Chennai to Sri Kauvery Medical Care (India) Limited for a sale...
Nova IVF acquires Ahmedabad company Wings to expand its presence in Gujarat
Nova IVF Fertility, the second largest fertility chain in India, has expanded its presence in Gujarat through the acquisition of Ahmedabad-based Wings IVF that has six centres in Gujarat. The deal is valued at ₹125-₹140...
Novartis buys Chinook for $3.5 bln in race to treat rare kidney disease
Novartis said it has agreed to acquire U.S. biotech firm Chinook Therapeutics for up to $3.5 billion to boost its late-stage drug development line-up, raising the stakes in the race for a rare kidney disease treatment...
Temasek-backed firms buy stake in VIVA Biotech unit ahead of listing
Entities backed by Singapore’s Temasek and Chinese investment firm HighLight Capital agreed to a deal worth 1.06 billion yuan ($148.7 million) for stakes in a unit of VIVA Biotech Holdings, the pharmaceutical...
Bain Capital acquires specialty chemicals maker Porus Labs
Private equity firm Bain Capital has acquired Hyderabad-based Porus Laboratories as part of its strategy to expand its portfolio of investments in the specialty chemicals sector. Financial details of the deal were not...
Online healthcare portal WebMD to acquire ASX-listed Limeade
ASX-listed Limeade said it will be acquired by WebMD in an all-cash deal with an enterprise value of A$112 million ($75.21 million). Shareholders of the U.S.-based software-as-a-service firm will receive A$0.425 per...
Competition Commission approves deal involving Manipal Group
The Competition Commission of India (CCI) said it has cleared the proposed deal involving Manipal Health Enterprises Pvt Ltd and Manipal Education and Medical Group India Pvt Ltd (MEMG India). Manipal Health Enterprises...
Baring, Blackstone, 3 others in fray to acquire Indira IVF
Baring PE Asia EQT, Blackstone, Bain Capital, Advent International and TPG Capital have submitted non-binding bids to acquire a majority stake in India’s largest fertility clinic chain, Indira IVF, said people...
UnitedHealth offers over $3 bln for home health firm Amedisys
UnitedHealth Group made a surprise $3.26 billion all-cash offer to acquire Amedisys Inc, pitting itself against another healthcare company set to buy the home health and hospice care firm. Interest in the home health...
Novo Nordisk in talks buy controlling stake in Biocorp
Danish drug developer Novo Nordisk said it had started talks to buy a controlling stake in French medical device designer Biocorp. The Danish company said it had entered into exclusive negotiations with Bio Jag...
Apollo Hospitals plans digital arm stake sale
Apollo Hospitals is planning to raise around $200 million in equity this fiscal year by selling stake in Apollo HealthCo, its omnichannel healthcare platform. The Chennai-based healthcare group is planning to sell...
