Kotak Alt to Invest INR 400 Cr in Medical Device Firm Biorad Medisys May 16, 2024 This strategic financial move is expected to bolster Biorad Medisys’s operational capabilities and financial health.
Cipla Promoters to Offload 2.5% Stake at INR 2,650 Cr May 16, 2024 Promoters Yusuf Khwaja Hamied and Mustafa Khwaja Hamied plan to sell the stake to institutional investors, potentially generating up to INR 1,849 Cr
Pharma Giant Bayer AG Slashes 1500 Headcount Facing Decreased Sales May 15, 2024 The job cut affected primarily the management vertical, coinciding with a slight sales decline and a revised full-year earnings forecast.
HCG to Launch 2 Advanced Comprehensive Cancer Care Centers in Bengaluru May 15, 2024 The new centers will offer comprehensive cancer care services including high-precision diagnosis, and personalized treatment plans, among others, all available at the same location.
Mankind Pharma to Acquire Bharat Serum & Vaccines from Advent May 15, 2024 Advent is reportedly planning to divest its entire stake in Bharat Serum & Vaccines for a valuation of $2 billion
Biocon Inks Deal with Medix to Market its Obesity Drug in Mexico May 14, 2024 Biocon will distribute and commercialize its vertically integrated drug product, Liraglutide (gSaxenda), used in the treatment of chronic weight management.
Odisha IPGA Urges Union Govt to Set Up NIPER May 14, 2024 NIPER in Odisha will boost the state’s pharmaceutical education and research capabilities. It further highlighted the need for advanced pharmaceutical research facilities in the region.
Maharashtra Govt Hospitals Set to Introduce Advanced Diagnostic & Treatment Services May 13, 2024 The Maharashtra Public Health Department inked multiple agreements with private entities to establish and manage 22 MRI and 31 CT scan facilities.
After Going Fully Digital, Now Rajasthan Medical Dept to Use its App to Monitor Seasonal Diseases May 13, 2024 This new approach will facilitate real-time tracking of seasonal diseases throughout the state, allowing for quick action in terms of prevention and control.
UK Govt Launches 5-Yr Plan to Combat Antimicrobial Resistance May 10, 2024 The National Action Plan aims to reduce the use of antimicrobials in humans and animals including antibiotics, antifungals, and antivirals.
Indegene IPO Subscribed 69.71 times on Closing Day May 10, 2024 Following the closing of the subscription window for the Indegene IPO, all eyes of the investors will now be on the finalization of the shares of healthtech firm Indegene.
IRDAI to Announce Major Reforms in Health Insurance Sector May 9, 2024 The council is also working to extend the reach of insurance in underserved areas, with a particular emphasis on closing the protection gap and improving insurance access through rural and social targets for insurers.