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JB PHARMA NOVARTIS
Torrent Pharma closes in on JB Chem likely for $2.4 bn buyout, eyes $1.6 billion financingTorrent Pharma is in advanced talks with KKR to acquire JB Chemicals and Pharmaceuticals, reviving discussions from last year. The deal inv...
Novartis offers payment plan for high-cost heart medicineNovartis introduces a financing scheme with Pine Labs for its cholesterol-lowering drug, Sybrava (inclisiran), in India, aiming to broaden ...
Market volatility derails Novartis' plan to sell stake in its India armNovartis AG's plan to sell its 70.68% stake in Novartis India faces challenges due to market volatility impacting valuation. Despite strate...
JB Pharma Q1 Results: Net profit jumps 25% YoY to Rs 177 croreThe drug maker had reported a net profit of Rs 142 crore in the year-ago period.Revenue for the quarter rose 12% YoY to Rs 1004 crore
Torrent, Zydus, EQT set to make the cut for $3 bn JB Chemicals buyoutTorrent Pharma and Zydus Lifesciences are vying to acquire JB Chemicals and Pharmaceuticals, with both firms shortlisted by KKR, the curren...
Local pharma companies queue up for JB Chemicals & PharmaceuticalsMankind Pharma, Dr Reddy's Laboratories, and Torrent Pharma are interested in acquiring JB Chemicals & Pharmaceuticals from KKR. KKR's inve...
JB Pharma expects India business to grow above market growth rate in FY25: CEO Nikhil ChopraJB Pharma, led by CEO Nikhil Chopra, forecasts 12-14% revenue growth and aims to increase Ebitda margins by 27-28% in FY25. The growth is d...
JB Pharma acquires trademark licenses, distribution rights of Novartis eye care portfolio in India for Rs 1089 croreJB will pay Rs 964 crore for the portfolio licensing agreement with Novartis Innovative Therapies AG which the company said is "perpetual i...
JB Pharma inks Rs 1,089 cr pacts with Novartis for select ophthalmology brandsThe board of directors at its meeting held on December 19, 2023 approved the execution of a trade mark licence agreement with Novartis Inno...
JB Pharma open to more buys to grow branded biz shareJB Chemicals & Pharmaceuticals (JB Pharma), controlled by US private equity firm KKR, is evaluating assets for acquisitions to strengthen i...
JB Pharma bets big on chronic therapy for its growth aspirationsJB Chemicals & Pharmaceuticals is keen to explore new opportunities in the world of metabolics and improve its own chronic contribution to ...
Novartis heart drug price may fall by 60% on generic rollouts"At least 30-40 generic brands are expected to hit the market next in a couple of weeks," said Hari Natarajan, managing director, Pronto Co...
JB Pharma acquires rosuvastatin brand from Glenmark for Rs 314 croreThe acquisition will be funded through long term debt and internal accruals. Razel ranks among the top 10 brands in India in the rosuvastat...
JB Pharma cuts price of its top-selling heart failure drug Azmarda by 50%After the price reduction, Azmarda 50 mg will be available at Rs 39.6 per tablet as compared to Rs 78 per tablet. Azmarda is one of the top...
Torrent Pharma set to acquire CuratioThe deal is expected to be signed in the next two week, the people said. Torrent Pharma and KKR-controlled JB Chemicals were the final cont...
JB Pharma acquires paediatric brands from Dr Reddy's for Rs 98.3 croreThe four brands are zinc supplement Z&D, insomnia medication Pedicloryl, antibiotic Pecef and Ezinapi, which is used against diaper rashes....
Torrent Pharma, JB Chemicals in final race to acquire Curatio HealthcareDr Reddy's Laboratories is also understood to have made to the penultimate round of bidding process, people with direct knowledge of the ma...
JB Chemicals stock has more steam left in itKKR, which assumed control beginning this month, has made swift changes to the company's board of directors and senior management.
Retail holdings show healthy rise between January and MarchRetail investors showed confidence in stock markets between January and March, a period that witnessed sharp swings.
- Books of 150 cos under lens
The government-owned MTNL and real estate major DLF figure in the list of 150 companies in which the government has ordered inspection of b...