Leroy Leo
Stories by Leroy Leo
India’s Manipal Health set to buy Temasek-backed Medica Synergie for $151m: report
Temasek holds a 51% stake in Manipal Health and an 87% stake in Medica Synergie.
Reliance explores bid for Walgreens’ Boots business
Boots is being sold as part of an auction process and can be valued at up to $10.49 billion.
India: NIIF acquires stake worth $287.6m in Manipal Hospitals
The investment by NIIF’s Strategic Opportunities Fund is its first in the healthcare sector.
Tatas, PE firm Gaja Capital, IFC look to invest in Indian e-pharmacy 1mg
The investors are looking to invest at least $100m.
India: Fosun-owned Gland Pharma fixes price band for $167m IPO
Fosun Pharma and Gland Celsus Chemicals will sell a part of their stake.
India’s Manipal Health adds 11 new hospitals with Columbia Asia acquisition
Combined entity will have 27 hospitals across 15 cities.
Indian pharma promoters look to sell stakes amid PE buyout frenzy
Suven Pharmaceuticals' promoters have hired Barclays to find a buyer for their 60% stake.
Vaccine maker Biological E buys Akorn India to boost manufacturing capacity
Biological E says the acquisition will help it manufacture an investigational COVID-19 vaccine.
India: Amazon, Reliance bet big on e-pharmacies
The sector is also expected to cause a disruption in the pharmaceutical distribution model.
India: Gates Foundation offers Serum Institute $150m funding for 2 vaccines
Serum Institute is set to provide a billion doses of the Oxford vaccine to low- and middle-income countries.