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...
28 Feb, 2022, 10.32 PM IST
Panacea Biotec sells domestic formulation assets to Mankind Pharma for Rs 1,908 crorePanacea said it expects to complete the transaction by the end of this year.
01 Feb, 2022, 06.55 PM IST
Panacea arm defaults; lenders may extend repayment datePanacea Biotec Pharma, a 100% subsidiary of Sputnik V Covid jab manufacturer Panacea Biotec, defaulted on payment of ₹114.67 crore includin...
17 Nov, 2021, 06.59 AM IST
Panacea Biotec soars 17% after company signs deal to produce Sputnik V vaccine dosesProduction of Sputnik V at Panacea Biotec sites will help facilitate global supply of Sputnik V to international partners of RDIF, a joint ...
06 Apr, 2021, 10.39 AM IST
RDIF, Panacea Biotec to produce 100 million doses of Sputnik V vaccine in India per yearIndian biotech firm Panacea Biotec Ltd has agreed to produce 100 million doses of Russia's Sputnik V COVID-19 vaccine annually.
05 Apr, 2021, 06.37 PM IST
Panacea Biotec appoints Susheel Umesh as Chief Executive of domestic formulationsSusheel Umesh brings in 27 years of experience, deep understanding of pharmaceutical industry, the company said. Panacea Biotec is a leadin...
19 Nov, 2019, 11.26 AM IST
Bain, Piramal-led fund offers Panacea a Rs 992 crore bail-out dealIn a statement, the fund said the deal involves an investment of Rs 864 crore into a forthcoming non-convertible debenture issue.
08 Apr, 2019, 09.26 PM IST
Panacea Biotec, Gurgaon builder to develop townshipPanacea Biotec and builder Bestech Group to jointly develop a township project over a 100-acre plot owned by Panacea in Gurgaon.
12 Feb, 2013, 05.00 AM IST
- Panacea Biotec Q3 net loss at Rs 62.28 crore
Pharma firm Panacea Biotec today reported net loss of 62.28 crore for the third quarter ended December 31, 2012.
08 Feb, 2013, 06.06 PM IST
- Panacea, Bestech team up to develop township
Panacea Biotec and Bestech will hold an equal stake in the project, which is expected to generate revenues of over Rs 1,500 crore.
06 Feb, 2013, 12.04 PM IST
- Panacea Biotec, an Indian pharma firm launches polio vaccine POLPROTEC in Nigeria
To make the vaccine easily available, Panacea Biotec is partnering Emzor pharma which has a strong footprint across Nigeria.
24 Feb, 2012, 03.15 PM IST
- Indian pharma firm 'Panacea Biotec' launches drug against polio in Nigeria
A leading Indian pharmaceutical company has launched a polio vaccine, POLPROTEC in Nigeria to help combat the spread of polio in Africa's t...
23 Feb, 2012, 11.47 PM IST
- Panacea Biotec to launch breast cancer drug
Panacea Biotec will soon launch a generic version of Abraxis Bioscience's breast cancer medicine Abraxane at half the price of the original...
11 Feb, 2011, 05.28 AM IST
- 'Watch out for Aurobindo Pharma and Panacea Biotec in mid-cap pharma space'
In a chat with ET Now, Seshadri Bharathan, MD & CEO, KSEMA Fincon Ltd., talks about the outlook of the mid-cap pharma stocks.
16 Jul, 2010, 04.11 PM IST
- Serum Institute hikes stake in Panacea Biotec to 7%
India’s largest vaccine maker, Serum Institute of India, has picked up close to 7% stake in rival firm Panacea Biotec.
16 Oct, 2008, 01.10 AM IST
- Panacea enters into alliance with US-based PharmAthene
Vaccine manufacturer Panacea Biotec on Wednesday said it has entered into a strategic alliance with US-based PharmAthene and will invest 13...
01 Oct, 2008, 06.35 PM IST
- Panacea Biotec enters hospital biz
Vaccine maker Panacea Biotec is foraying into the hospital business by setting up a 220-bed multi-specialty hospital with Gurgaon-based Umk...
05 Jul, 2008, 02.01 AM IST