Mergers & Acquisitions
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Opportunity India Desk Sep 29, 2017 - 2 min readBangalore-based Practo, a leading doctor search engine in Asia, has announced acquisition of FithoWellness, top digital fitness solution that has over two million people from across the globe use every year. The acquisition will help Practo to expand its offerings rapidly and move into the preventive healthcare space, while easing way for its goal of ...
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Opportunity India Desk Sep 29, 2017 - 1 min readDomestic drug firm Caplin Point Laboratories has signed a license and distribution pact with UK-based Cycle Pharmaceuticals to develop and manufacture specific pharma products. The abbreviated new drug application (ANDA) and marketing rights of the products for the US market will be with the Cycle Pharma. "A license and distribution agreement has been made ...
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Opportunity India Desk Sep 29, 2017 - 2 min readInternational Business Machines (IBM) Corp is creating a unit dedicated to provide data analytics to the healthcare sector, making use of health information gathered by millions of Apple devices. The new Watson Health unit of IBM plans to aggregate health information from a large number of Apple devices and providers in the cloud and ...
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Opportunity India Desk Sep 29, 2017 - 2 min readPaving the way for smoother access its world-class healthcare facilities, Delhi-based BLK Super Speciality Hospital has announced a special pact with Ministry of Public Health (MoPH), Government of Afghanistan. The hospital shall also provide assistance to the Ministry in areas of capacity building of its health professionals, telemedicine, medical tourism and public private partnership, ...
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Opportunity India Desk Sep 29, 2017 - 10 min readWith India being home to about 50 million babies in the 0-2 years age group and 304.8 million children in the 0-12 years age group, the country offers immense opportunities to the segment players to tap this growing market, according to a report of RNCOS, an industry research and consultancy. “India is a huge market ...
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Opportunity India Desk Sep 29, 2017 - 2 min readRenowned Indian drugmaker, Dr Reddy's Laboratories, has agreed to enter into a definitive agreement with Belgium based pharmaceutical firm UCB in India to acquire a select portfolio for Rs 800 crore. Reportedly, in a recent statement released by Dr Reddy said the acquisition is on a slump sale basis and the established products business ...
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Opportunity India Desk Sep 29, 2017 - 5 min readLeading healthcare services provider Max Healthcare and GE Healthcare, a unit of General Electric Company, has announced a strategic partnership to advance the standard of cancer care in India. It is believed that through collaborative research and co-creation of futuristic, both the brand will provide multifaceted cancer management solutions. In the presence of senior ...
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Opportunity India Desk Sep 29, 2017 - 3 min readAfter the success of cardiac surgery, the patient is not completely out of danger, in fact, then the patient needs additional care at home, which the family members can’t give. With an aim to provide extended in-home care to the cardiac surgery patients, Portea Medical has recently joined hands with Cumbala Hill Hospital, one ...
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Opportunity India Desk Sep 29, 2017 - 2 min readSun Pharmaceutical announced that Ranbaxy will be delisted from the Indian Stock Exchange as their $4 billion merger is completing. Reportedly, while filing to the BSE, Sun Pharma said, “Following the closure of this transaction, Ranbaxy will be delisted from the Indian Stock Exchanges. Ranbaxy shareholders will receive 0.8 share of Sun Pharma for ...
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Opportunity India Desk Sep 29, 2017 - 3 min readFounded in 2001, South Africa’s Cape Town headquartered Pharma Dynamics (PD) distributes a range of branded generic prescription medicines and over-the-counter (OTC) products in South Africa as well as other markets across the African continent. Ranked among the top 20 drugmakers in South Africa, PD is the third-largest generics firm in the prescription drugs ...