Bristol Myers Squibb Co said on Monday it would buy MyoKardia Inc for about $13 billion to bolster its portfolio of heart disease treatments, ahead of the potential loss of sales exclusivity of some of its blockbuster...
Activist investor Acacia buys stake in UK-listed Sensyne Health
New York-based Acacia Research Corporation said on Tuesday it had acquired an 11.8% stake in UK-listed artificial intelligence healthcare company Sensyne Health. Acacia which earlier this year started a partnership with...
Max group promoters sell healthcare, financial services biz shares worth ₹284 cr
Max Ventures Investment Holdings Pvt Ltd, a promoter entity of Analjit Singh, on Monday sold 16.71 million shares in Max Healthcare Institute Ltd worth ₹182 crore via block deal. According to data on BSE, Max Ventures...
API Holdings’ proposed 100% acquisition of Medlife gets CCI’s approval
The Competition Commission of India (CCI) on Wednesday approved the proposed combination of Medlife and API Holdings. The deal pertains to the proposed acquisition of 100 per cent equity shares of Medlife by API...
Illumina to buy Jeff Bezos-backed cancer testing firm Grail in $8 billion deal
Illumina Inc said on Monday it would buy cancer screening startup Grail Inc in a cash-and-stock deal worth $8 billion, buying out investors including Jeff Bezos and snatching back a business it spun out four years ago...
Illumina in talks to buy cancer testing startup Grail: Bloomberg News
Gene sequencing company Illumina Inc is in late talks to buy cancer testing startup Grail Inc, Bloomberg News reported on Wednesday, citing people familiar with the matter. Grail could fetch more than the $6 billion...
Health monitoring startup Dozee raises ₹12.5 crore in funding
Remote health monitoring startup, Dozee has raised ₹12.5 crore in its new round of funding from Prime Venture Partners, YourNest Venture Capital and 3one4 Capital. The company will be utilising the funds to expand into...
Siemens Healthineers raises 2.73 billion euro from share sale to fund Varian deal
Siemens Healthineers said on Wednesday it issued 2.73 billion euros ($3.22 billion) worth of new shares to help finance its planned takeover of U.S. peer Varian. The firm said in a statement it had issued the shares at...
New Zealand’s Abano Healthcare enters $80 million buyout deal with consortium
Abano Healthcare Group Ltd said on Monday it entered a revised buyout deal with a consortium after the initial offer was dropped due to deterioration in the medical services provider’s business because of the...
GMM Pfaudler surges 8% on acquiring majority stake in parent firm
Shares of GMM Pfaudler rose as much as 8.18 per cent to Rs 6,360 on the BSE on Friday after the process equipment manufacturer acquired a 54 per cent stake in its parent firm Pfaudler Group for a consideration of around...
Reliance-Netmed deal to bring attractive returns for Sistema Asia Fund
Sistema Asia Fund (SAF) on Wednesday said Reliance Industries’ ₹620-crore deal to buy Netmeds will bring “attractive returns” for the venture capital fund within three years of its investment in the...
Diagnostics firms eye consolidation
The diagnostics industry in India could see rapid moves toward consolidation and formalization, executives at major chains said, as stand-alone laboratories struggled with cash and demand for quality services following...
