Drug firm Alembic Pharmaceuticals Thursday said it plans to raise up to Rs 5 billion through the issue of non-convertible debentures (NCDs) on private placement basis. The company’s board of directors Thursday...
Ipca Labs subsidiary acquires 80% stake in Bayshore Pharmaceuticals for USD 10.28 mn
Pharmaceutical firm Ipca LaboratoriesNSE -2.43 % Wednesday announced the acquisition of 80 per cent stake in US’ Bayshore Pharmaceuticals LLC by its subsidiary for USD 10.286 million (approx Rs 75.40 crore). The...
Alembic Pharmaceuticals ups its US game plan, acquires Orit
Drug firm Alembic Pharmaceuticals, which is over 100-year-old, started focusing on the US market a bit late. In the past three years, the company has not only increased its research and development (R&D) efforts for...
Carlyle Group leads race for 15 per cent in Mankind Pharmaceuticals
Carlyle Group is leading the race to invest as much as $500 million for a 15% stake in Mankind Pharmaceuticals in what could become one of the largest private equity transactions in the pharma space. The transaction, if...
Capital International buys 3% stake in Intas Pharmaceuticals for $107 million
Capital International Private Equity Fund has acquired about 3% of Intas Pharmaceuticals Ltd for $107 million (Rs690 crore) from ChrysCapital Llc., according to two people aware of the development. The transaction...
Allergan completes acquisition of Chase Pharmaceuticals
Allergan Plc * Allergan acquires Chase Pharmaceuticals to expand CNS research and development pipeline and build on commitment to Alzheimer’s disease * Deal for an upfront payment of $125 million * Allergan to...
KaloBios Pharmaceuticals announces Martin Shkreli’S sale of his stake in the company
KaloBios Pharmaceuticals Inc * KaloBios announces Martin Shkreli’S sale of his stake in the company * Shkreli continues to be restricted from certain further actions concerning company for a period of time *...
Nichi-Iko Pharmaceutical fully buys Sagent Pharmaceuticals, Inc. via takeover bid
Nichi-Iko Pharmaceutical Co Ltd : * Says it completed full acquisition of Sagent Pharmaceuticals, Inc. via takeover bid, effective Aug. 29(the U.S. time) Source text in Japanese:goo.gl/42E3Yf Further company coverage:...
Emcure Pharmaceuticals acquires Canadian company and its marketing arm Marcan
Emcure Pharmaceuticals, a Pune-based drug maker, has acquired Canada’s International Pharmaceutical Generics Ltd. and its marketing arm Marcan Pharmaceuticals in a deal that’s expected to bolster the Indian...
Shasun Pharmaceuticals And Strides Arcolab Ltd Merge
Shasun Pharmaceuticals has got the approval from Madras High Court for Scheme of Amalgamation with Strides Arcolab Ltd. The Competition Commission of India (CCI) has issued its approval for the proposed merger of drug...
Torrent‐Elder Pharmaceuticals Acquisition For Mutual Benefit
Torrent Pharmaceuticals had acquired the branded domestic formulations business of Elder Pharmaceutical in India and Nepal for Rs 2,004 crore. The deal helped the Ahmedabad‐based company to widen its market...
Canarys Expands Global Presence with Strategic Acquisition in North America
Canarys Automations Limited (NSE – Canarys), a stalwart in the realm of digital transformation, embarks on an ambitious journey to broaden its horizons across continents. The company announces its strategic intent to...