US based Cambrex Corporation buys 51 per cent stake in Hyderabad based Indian...
US firm Cambrex Corporation Wednesday announced it had bought a 51 per cent stake in India pharmaceuticals firm Zenara Pharma. Zenara Pharma is a Hyderabad based pharmaceutical company focused on the...
View ArticleAbbott India board of directors approves proposal to merge the company with...
India based drug firm Abbot India announced that its board of directors had approved a proposal seeking to merge the firm with Solvay Pharma. The proposal is a 2:3 share swap ratio. In a filling to the...
View ArticleAventis Pharma Ltd exits joint venture vaccine manufacturer Chiron Behring...
Drug manufacturer, Aventis Pharma Ltd’s subsidiary Sanofi-Aventis is exiting its joint venture vaccine making firm Chiron Behring Vaccines Pvt Ltd (CVBPL), by selling its 49% stake to its nominee...
View ArticleJordanian firm Hikma Pharmaceuticals to buy 30 per cent stake in India’s API...
Jordanian firm Hikma Pharmaceuticals is to buy 30 per cent stake in Indian API manufacturer Unimark Remedies Ltd. Unimark Remedies Ltd is based in Mumbai, and the deal is pegged at about Rs 150 Crore....
View ArticleCx Partners invests Rs 188 Crore in medical diagnostics firm Thyrocare...
Cx Partners reported it had invested around Rs 188 crore in Thyrocare Technologies for the acquisition of a 30 per cent stake. Cx Partners, the private equity firm, will acquire the stake in the...
View ArticlePublicis Groupe picks up majority stake in leading Mumbai healthcare...
Publicis Groupe is to acquire a majority stake in Watermelon Healthcare Communications Private Limited, a leading healthcare advertising agency in Mumbai, India. Post the stake acquisition, Watermelon...
View ArticlePharmaceutical manufacturer SOHM Inc. to acquire an Indian Dermatology Company
SOHM, Inc., a generic pharmaceutical manufacturer that produces and markets generic drugs covering all major treatment categories, announced Thursday that it has signed a Letter Of Intent (LOI) to...
View ArticleGlaxoSmithKline Biologicals looking to acquire Biological E Limited’s vaccine...
The Economic Times of India Wednesday reported that GlaxoSmithKline Biologicals is keen on acquiring India’s Biological E Limited’s vaccine division. GlaxoSmithKline Biologicals is a Belgium based...
View ArticlePar Pharmaceutical Companies to acquire India’s privately-held Edict...
Par Pharmaceutical Companies, Inc. (PRX) announced Tuesday that it entered into a definitive agreement to acquire privately-held Edict Pharmaceuticals, an India-based developer and manufacturer of...
View ArticleIndia will continue to allow 100% Fdi in Greenfield Pharma
PM chaired a high level meeting to discuss the FDI policy in drugs and pharmaceutical sector. The meeting was attended by Finance Minister, Sh Pranab Mukherji, Health Minister Sh Ghulam Nabi Azad,...
View Article