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Wednesday, 08 April 2020

Finance News

  • Alkem Labs contributes Rs 7 Cr to PM CARES Fund

    Finance |  News | 0 Comment | 03 Apr, 2020

    Mumbai based Alkem, as one of the leading pharmaceutical companies in the country, is committed in the above fight against this virus and is doing its bit to help the country and the world ...Read more

  • Reliance Industries donates Rs 500 Cr to PM CARES fund

    Finance |  News | 0 Comment | 31 Mar, 2020

    Reliance Industries Ltd. (RIL) has announced a donation of Rs. 500 crore to PM CARES Fund in response to the call by the Prime Minister to support the nation’s fight against the Coron...Read more

  • Lincoln Pharma bets big on exports

    Finance |  News | 0 Comment | 09 Mar, 2020

    Lincoln Pharmaceuticals Limited, India's healthcare company is betting big on export business. With presence in more than 60 countries, company has reported export sales of Rs. 174.7 crore ...Read more

  • Marg ERP eyes Rs 250 Cr from PharmaNXT in 3 yrs

    Finance |  News | 0 Comment | 24 Feb, 2020

    New Delhi based Marg ERP Limited, a leader in inventory and accounting software in India, has recently launched PharmaNXT, a platform for pharmacists in which they can get information ...Read more

  • Dr Reddy’s inks deal with Wockhardt worth Rs 1850 Cr

    Finance |  News | 0 Comment | 12 Feb, 2020

    Dr. Reddy’s Laboratories Ltd. has announced that it has entered into a definitive agreement with Wockhardt Limited to acquire select divisions of its branded generics business in Indi...Read more

  • Piramal to bring pharma biz under subsidiary

    Finance |  News | 0 Comment | 05 Feb, 2020

    Piramal Enterprises Limited has announced its consolidated results for the Third Quarter (Q3) and Nine Months (9M) FY2020 ended 31st December 2019. Revenue:  Up 9% to INR 3,80...Read more

  • Piramal Pharma Solutions to expand Canada facility

    Finance |  News | 0 Comment | 28 Jan, 2020

    Piramal Enterprises Limited’s Pharma Solutions business, a leading Contract Development and Manufacturing Organization (CDMO), has announced plans to expand its Aurora facility i...Read more

  • Biocon exhibits 6.5% dip in net profit in Q3FY20

    Finance |  News | 0 Comment | 24 Jan, 2020

    Biocon Ltd, an innovation-led global biopharmaceuticals company, has announced its consolidated financial results for the fiscal third quarter ended December 31, 2019. FINANCIAL HIGHL...Read more

  • Piramal divests DRG business for $950 M

    Finance |  News | 0 Comment | 20 Jan, 2020

    Piramal Enterprises Limited has announced that PEL DRG Dutch HoldCo BV, a 100% subsidiary of PEL and the holding company for Decision Resources Group (DRG) engaged in healthcare i...Read more

  • Axio Biosolutions raises Rs 36 Cr in Series B-1 round

    Finance |  News | 0 Comment | 09 Jan, 2020

    Axio Biosolutions, the first Indian company to get USFDA clearance for a wound care product, has raised Rs 36 crores ($5.2 Mn) in Series B-1 round of funding led by Omidyar Network India, a...Read more

  • Slayback Pharma announces $50M investment by Everstone

    Finance |  News | 0 Comment | 08 Jan, 2020

    Slayback Pharma LLC has announced an agreement with The Everstone Group to invest up to $50 million in Series B funding. Everstone has a significant resource base across its seven...Read more

  • True North to invest Rs 536.25 Cr in Biocon Biologics

    Finance |  News | 0 Comment | 06 Jan, 2020

    Biocon Ltd, an innovation-led global biopharmaceuticals company, has announced that the Board of its subsidiary Biocon Biologics India Ltd (Biocon Biologics) has approved a primary equity i...Read more

  • DAHCL raises Rs 215 Cr for expansion

    Finance |  News | 0 Comment | 19 Dec, 2019

    Dr. Agarwal’s Healthcare Ltd. (DAHCL) has raised Rs. 215 crores of debt from CDC Group to expand the geographical footprint of the eye care chain across India, Africa and South Asia a...Read more

  • Merck inks $2.7B acquisition deal with ArQule

    Finance |  News | 0 Comment | 10 Dec, 2019

    Merck, known as MSD outside the United States and Canada, and US based ArQule, Inc. have announced that the companies have entered into a definitive agreement under which Merck, through a s...Read more

  • Zumutor Biologics raises $4M to enable pivotal milestones

    Finance |  News | 0 Comment | 02 Dec, 2019

    US headquartered biotech startup Zumutor Biologics with its R&D facility in Bengaluru, has raised $4 Million in series A2 funding taking its total raise to $20Million. Zumutor is an Im...Read more

  • Medikabazaar raises Rs 112 Cr in Series B funding

    Finance |  News | 0 Comment | 20 Nov, 2019

    Medikabazaar, India’s largest online B2B platform for medical supplies, recently secured Rs 112 crores during a Series B funding round, led by healthcare-centric VC firm, Health Quad ...Read more

  • Lincoln Pharma reports its net profit increased by 26%

    Finance |  News | 0 Comment | 15 Nov, 2019

    Lincoln Pharmaceuticals Limited, one of the leading healthcare companies reported net profit of Rs. 18.92 crore for the Q2 FY 2019-20 ended September 2019 as against net profit of Rs. 15 cr...Read more

  • Lupin sells Japanese subsidiary to Unison for Rs 3702 Cr

    Finance |  News | 0 Comment | 12 Nov, 2019

    Pharma major Lupin Limited has announced that it has entered into a definitive agreement for the sale of its entire stake in its Japanese subsidiary Kyowa Pharmaceutical Industry Co., Ltd. ...Read more