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NOVO HOLDINGS
EQT emerges sole bidder for OmniActive Health TechnologiesSwedish investment powerhouse EQT is now leading the charge as the exclusive bidder for OmniActive Health Technologies, following the rejec...
Stocks in news: SBI, Titan, Hyundai, BSE, Torrent Pharma, Axis BankIndian markets saw volatile trading on Thursday, closing nearly unchanged despite positive signals. Several companies including SBI, Titan,...
Employee fired for Rs 2 lakh embezzlement but wins case in Supreme Court as employer conducted enquiry without witnessesAn employee fired for Rs 2 lakh embezzlement has won a significant victory in the Supreme Court. The apex court ruled that the employer's i...
Mounjaro sales dip amid price war as semaglutide generics gain groundMounjaro, the star pharmaceutical from Eli Lilly, is experiencing a downturn in sales across India. This slump can be attributed to competi...
Novo Nordisk’s weight-loss drug patent loss sparks a ‘gold rush’ for generic drugmakersIndia's weight-loss drug market is seeing a major shift. Generic versions of Novo Nordisk's semaglutide are now available at lower prices. ...
Novo Nordisk price cuts set to shake up India’s GLP-1 market, challenge genericsNovo Nordisk is slashing prices for its diabetes and weight loss drugs Ozempic and Wegovy in India. This move aims to make these treatments...
Novo Holdings buys 49% stake in Surya HospitalsNovo Holdings, a major investment firm, has acquired a 49% stake in Surya Hospitals for an estimated Rs 1,000-1,200 crore. This strategic m...
Delhi HC allows Dr. Reddy’s to export weight-loss drug semaglutide, calls Novo Nordisk’s case ‘weak’The Delhi High Court declined to stay a single-judge order allowing Dr. Reddy's to export its semaglutide, observing Novo Nordisk's appeal ...
Novo sharpens India focus with bigger bets on niche hospitalsNovo Holdings is boosting its investments in India. The company is looking at single-specialty hospitals and contract drugmakers. This move...
Novo Holdings in talks to buy into Surya HospitalsNovo Holdings is in exclusive discussions to acquire a 49% stake in Surya Hospitals, valuing the Mumbai-based chain at ₹1,000 crore. This p...
Riding high on Wegovy, Novo Nordisk doubled its workforce. Now layoffs loomNovo Nordisk faces potential layoffs after a period of rapid expansion fueled by the success of Wegovy. The company's workforce nearly doub...
Healthcare IT company Availity to triple India tech staff by end-2026The company will widen its Bengaluru capability centre, targeting headcount growth to 400 from 250 by end-2025, and to 800 by the end of 20...
Novo Nordisk inks $2-billion obesity drug deal with United LabsNovo will pay Hong Kong-based United Laboratories $200 million upfront for the drug, which combines three different mechanisms in an effort...
Goldman-backed Aragen eyes Rs 12,000 crore as pre-IPO dose; Novo Nordisk keenInvestors including Quadria Capital and Denmark-based pharmaceutical major Novo Nordisk are among those interested in a minority stake and ...
KKR to buy Healthium Medtech for Rs 7000 cr from ApaxBinding agreement signed; formal announcement by early next week, pips rival bidders Mankind Pharma-Chrys Cap Healthium is the largest manu...
Novo Nordisk owner to invest $200 million in quantum computing startupsNovo Holdings, the investment arm of the Novo Nordisk Foundation, has 77% of voting shares in Novo Nordisk, which is known for producing bl...
Novo Nordisk owner joins the race for Healthium MedtechNovo Holdings is the latest challenger in a hotly contested bidding process for Healthium, 99.8% owned by Apax Partners. Buyout funds KKR, ...