Everstone to merge two healthcare companies, list combined firmEverstone Capital, a Pan Asia private equity fund, is merging Translumina Therapeutics, a major cardiac stent maker in India, as part of a ...
25 Jun, 2024, 12.50 AM IST
Five years on, Morgan Stanley PE to exit cardiac stent maker SMTExisting investor Samara Capital and the promoter, Dhirajlal Kotadia and his family, are also likely to sell an about 15-20% stake between ...
07 Mar, 2024, 12.49 AM IST
Mubadala leads Rs 1100 crore funding round in AvanseAvanse is the second largest domestic private sector NBFC in the education loan segment with assets under management (AUM) of Rs 8,646 cror...
22 Feb, 2024, 11.15 PM IST
Kotak Pre-IPO fund buys minority stake in stent maker SMTThe Rs 2,000-crore Kotak fund, an India-focused late-stage alternative investment fund (AIF), primarily focuses on investments in late-stag...
19 Jan, 2023, 11.33 AM IST
Stent maker Sahajanand to sell 30% stake, eyes $300 mn valuationEstablished in 1998, SMT develops and manufactures cardiac products that are sold in 75 countries. Its portfolio includes coronary stents (...
13 Jul, 2020, 03.49 PM IST
How reduction in stent prices has made domestic players competitiveThe reduction in stent prices enthused Indian manufacturers, which had been on the fringes of the business and had been desperately trying ...
06 Jun, 2018, 02.51 PM IST
Stent prices under the cosh again, but who will bell the real cat?The decision is a blow for stent makers, who have been clamouring for higher prices and a system to rationalise margins instead of blanket ...
13 Feb, 2018, 07.36 PM IST
Local stent companies catch fancy of PE playersAs multinational stent makers ponder their prospects in India after price controls introduced this year, their local rivals have popped up ...
20 Dec, 2017, 10.50 PM IST
SMT bags tender to supply 10,000 stents to Italian public hospitalsEmilia Romagna is one of the most populous regions of north Italy, with 15 cath labs performing 10% of Italian Percutaneous Coronary Interv...
03 Nov, 2017, 03.37 PM IST
Domestic stent makers gain on the back of price capsThis year, domestic stent firms are aiming for 60 per cent of the market estimated to be Rs 1,200 crore now due to a drop in the average pr...
15 Sep, 2017, 12.48 AM IST
Stent companies fight to stay afloat, but patients wary after capFollowing the NPPA decision, some companies have reportedly withdrawn high-priced stents, leading to an artificial shortage of the product.
20 Feb, 2017, 12.42 AM IST
Price cap on stents opens the floodgates for new realitiesA cardiologist who spoke to ET on condition of anonymity said some companies, especially importers, have asked hospitals not to use stents ...
18 Feb, 2017, 09.08 AM IST
Samara Capital buys stake in SMTAs part of the deal, Samara Capital's managing director Gautam Gode and vice president Abhishek Kabra will come on SMT's board.
09 Dec, 2016, 11.26 AM IST
SMT to conduct quality trials of its stents in EuropeThe company will test the quality, safety and efficacy of 86 variations of Supraflex stents against their Xience equivalents between now an...
23 Nov, 2016, 09.23 PM IST