Hilleman Laboratories, a joint- venture between pharma major MSD and Wellcome Trust, today said it has partnered a new future vaccine manufacturing hub led by Imperial College, London. UK Department for Health has...
Celgene to buy Impact Biomedicines for up to $7 billion
U.S. biotech pharmaceutical firm Celgene Corp said on Sunday that it had agreed to acquire Impact Biomedicines for as much as $7 billion, subject to certain milestones associated with regulatory hurdles and sales...
Apax Partners, Carlyle front-runners for Mankind Pharma stake sale
Delhi based Mankind Pharma, one of India’s top pharmaceutical companies and maker of leading brands like Manforce condoms, PregaNews & Unwanted 72 is in advanced stages of a mega-fundraising round with two...
Israel’s Super-Pharm in talks to buy Teva Pharm plant: source
Israel’s largest pharmacy chain Super-Pharm (Israel) Ltd is in talks to acquire Teva Pharmaceutical Industries’ plant in the coastal city of Ashdod, a source familiar with the matter said on Sunday, confirming media...
U.S. cancer drugmaker Ignyta in advanced sale talks – sources
Ignyta Inc is in advanced talks to sell itself, people familiar with the matter said on Thursday, just three years after the U.S. cancer drugmaker became a public company focused on precision drugs and diagnostics. The...
Strides Shasun acquires controlling stake in South Africa-based Trinity Pharma
Strides Shasun Ltd on Friday said its subsidiary Strides Pharma Asia Pte Ltd has entered into an agreement to acquire controlling stake in South Africa’s Trinity Pharma Proprietary Ltd. Strides Pharma Asia Pte will buy...
Biocon to invest in Uttar Pradesh health sector
Biopharma company Biocon’s CEO Kiran Mazumdar-Shaw said in Bangalore on Monday that she would invest in the healthcare centres of Uttar Pradesh and encourage entrepreneurs in the biotech space, especially the...
Aurobindo, Dr Reddy’s Laboratories frontrunners to buy out bankrupt Orchid Pharma
Indian drug companies AurobindoBSE 0.12 % Pharma Ltd. and Dr Reddy’s Laboratories Ltd. are emerging as the frontrunners to buy out bankrupt Orchid Pharma Ltd. as they seek to expand their capacities. A key player...
Torrent completes acquisition of branded formulation biz of Unichem Labs
Ahmedabad-headquartered Torrent Pharmaceuticals said on Thursday that the company has completed acquisition of branded businesses of Unichem Laboratories Limited for India and Nepal, including its Sikkim manufacturing...
PerkinElmer may invest over $100 million in India by 2022
American health technology firm PerkinElmer may invest over $100 million in tie-ups with the government and acquisitions mainly in reproductive health by 2022. The company, which acquired one of India’s largest...
Piramal acquires Digeplex from Shreya Lifesciences
Piramal Enterprises today acquired the Digeplex and the associated brands from Shreya Lifesciences for an undisclosed sum to expand its consumer products business. The acquisition will help the Ajay Pirmal-led company...
Eris Lifesciences buys Strides Shasun’s domestic business in Rs 500 cr deal
Ahmedabad-based Eris Lifesciences has acquired the domestic formulations business of Strides Shasun in a Rs 500-crore deal, marking its foray into the fast-growing central nervous system (CNS) segment. This is Eris...
