News about Market

Sebi approves for Rs 600 crores IPO to Hexagon Nutrition

It said that the company had filed its draft prospectus in December 2021. The IPO consists of a fresh issue of shares worth Rs 100 crores and an Offer For Sale (OFS) of up to 30,113,918 equity shares, as per the company's Draft Red Herring Prospectus (DRHP)

Market | 08/03/2022 | By Darshana

Panacea Biotec's domestic formulation brands for India & Nepal bought by Mankind Pharma

Mankind Pharma Limited, India's 4th largest pharmaceutical company, announced that the company has entered into an agreement with Panacea Biotec to acquire the domestic formulations brands of PBPL for India and Nepal for Rs. 1,872 crore

Market | 01/03/2022 | By Darshana

Mankind Pharma enters into an agreement with Dr Reddy's Laboratories Ltd to acquire two of its brands Combihale and Daffy

Combihale is used for the treatment of asthma and chronic obstructive pulmonary disease. The market for this category is valued at ~ Rs. 900 crore growing at 14% (IQVIA). The acquisition of Combihale is expected to strengthen Mankind's presence in the inhalation respiratory market segment

Market | 16/02/2022 | By Darshana

JB Chemicals and Pharmaceuticals: revenue growth of 10 per cent

JB Chemicals and Pharmaceuticals has announced its financial results for the third quarter ended 31st December, 2021. For the third quarter ended 31st December, 2021, the company recorded revenue of Rs 601 crores as compared to Rs 548 crores, registering a growth of 10 per cent over the corresponding quarter of the previous financial year

Market | 15/02/2022 | By Darshana

Cipla to acquire stake in solar power firm AMP Energy Green Eleven Pvt Ltd

Cipla has entered into a shareholder's agreement along with the power purchase agreement to acquire up to 32.49 per cent stake on a fully diluted basis in AMP Energy Green Eleven.

Market | 08/02/2022 | By Darshana

Pharma Expert's take on Budget 2022

While the government has increased overall budget expenditure for healthcare and pharma industry, industry people have many insights to share on what they think about the budget 2022

Market | 02/02/2022 | By Darshana

Budget 2022: Many offerings for Pharma and Healthcare sector

India proposed doubling healthcare spending in an annual budget unveiled on Monday and lifted caps on foreigners investing in its vast insurance market to help revive an economy that suffered its deepest recorded slump as a result of the pandemic

Market | 01/02/2022 | By Darshana

JB Chemicals and Pharmaceuticals to acquire brands from Sanzyme

JB Chemicals and Pharmaceuticals yesterday announced that it will acquire brands for the India market from Sanzyme, a player in the probiotics and reproductive health segment in the country. The transaction is valued at approximately Rs 628 crores, and is expected to be completed in the next two weeks subject to customary closing formalities

Market | 27/01/2022 | By Darshana

HealYos and Emoha join hands to provide home healthcare facilities in western India

The Corona pandemic has jolted the healthcare system. Healthcare should be accessible to everyone and home healthcare bridges that gap. In its bid to provide robust home-based healthcare services in western India, HealYos Home Healthcare and Emoha Elder Care Services have joined hands

Market | 05/01/2022 | By Darshana

Apollo Hospitals may garner 14% market share in e-pharmacy business in next five years: Motilal Oswal report

Healthcare major Apollo Hospitals Enterprises Ltd (AHEL) is expected to see its e-pharmacy business to gain around 14 per cent market share over the next five years, driven by the omni-channel model it is currently working on, according to a latest report from Motilal Oswal Financial Services Ltd (MOFSL)

Market | 24/12/2021 | By Darshana