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PANACEA ACQUISITION
Mankind: How Meerut brothers built India's 4th largest pharma firmMankind Pharma has announced a significant move by acquiring Bharat Serums and Vaccines Ltd for Rs 13,630 crore. The acquisition, partly fu...
Mankind can clear debt taken for BSV buy in 3 years: MD Rajeev JunejaMankind Pharma aims to clear its ₹13,630-crore debt from acquiring Bharat Serums and Vaccines within three years, according to MD Rajeev Ju...
Market not much enthused by Mankind's BSV buyAfter initially cheering the deal, the stock market gave its thumbs-down to Mankind acquiring BSV at the premium valuations of eight times ...
Mankind trumps EQT-ADIA to buy BSV for $1.67 bnThis is the largest acquisition by Mankind Pharma, India’s 4th largest pharma company by market share. A formal announcement regarding the ...
Mankind Pharma scouts for M&A deals to boost local branded bizMankind Pharma, the fourth-largest pharmaceutical company in India, led by Rajeev Juneja, is seeking mergers, acquisitions, and in-licensin...
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...
Mankind Pharma looking for selective acquisition opportunities: Rajiv JunejaMankind Pharma, a domestic-focused Indian pharmaceutical company is looking for selective acquisition opportunities that add value to its p...
Why Mankind has an edge over its peers? Rajeev Juneja explainsIn 95, our turnover was Rs 5 crore and every year, the thought was, whatever we are doing in one year, can we do in one month? On this phil...
Panacea Biotec hits 5% upper circuit after Mankind Pharma dealAs part of this arrangement, Mankind Pharma is retaining Panacea's sales and marketing team engaged in the particular business.
Mankind Pharma to acquire Panacea's formulation brands for India, NepalBoth the entities have entered into definitive agreements for the transaction involving a total consideration of Rs 1,872 crore. Panacea Bi...
Stocks in the news: Angel Broking, RIL, Tata steel, CAMS, BEML and YES BankThe government’s proposal to pick up the tab for the waiver of 'interest on interest' on loans of up to Rs 2 crore clears the uncertainty o...
Narayana Hruduyalaya eyeing Panacea Biotec's Gurgaon HospitalThe 224 bed Gurgaon Hospital has been set up through Panacea Biotec's subsidiary NewRise Healthcare Private Limited in which the company ho...
Government comes under scathing criticism from RSS-affiliated unionBJP government has come under attack from RSS affiliated workers' body which charged it with being on "wrong track" on the economic and lab...
- Stocks to watch: Uttam Galva, Tata Steel, Bayer Cropscience, Piramal Healthcare...
The world's largest steel maker ArcelorMittal is understood to be jointly working with its domestic partner Uttam Galva for setting up a Rs...
- Cyrus Poonawalla acquires 1.53% more in Orchid Chemicals
High net worth individual (HNI) and race-horse enthusiast Cyrus Poonawalla has raised his equity stake marginally in Chennai-based drugmake...
- Stocks to Watch: ICICI Bank, Dish TV, Panacea Biotech
The relief rally on Dalal Street may resume Wednesday as the global markets were back in action after an unexpected rebound in homebuilding...
- Panacea to buy 19.9% in PharmAthene for $13.1 mn
Vaccine maker Panacea Biotec has agreed to buy 19.9% in US-based PharmAthene for $13.1 mn.
- Panacea bags $35-m deal from Unicef
Panacea Biotec is learnt to have bagged a $35-million drug supply order from UNICEF to supply pentavalent vaccines, the first Indian compan...
- Top 10 pharma cos post 57% increase in Q3 net
Buoyed by overseas acquisitions, the Indian pharma sector has posted a good set of numbers for the third quarter ended December 31, 2006.
- Biozeen to set up consulting facility in Pennsylvania
Bangalore-based biopharma company Biozeen, a division of Bangalore Biotech Labs, has announced plans to set up its consulting services in P...