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PE firm ChrysCapital invests $70 million in formulations company La Renon | Company News

PE firm ChrysCapital invests $70 million in formulations company La Renon | Company News

[ad_1] 2 min read Last Updated : Apr 16 2024 | 10:04 PM IST Private equity firm ChrysCapital has invested $70 million in Ahmedabad-based domestic formulations company La Renon Healthcare. With this investment, La Renon joins a limited list of Indian healthcare companies that are part of ChrysCapital, including Intas Pharma, Mankind Pharma, … Read more

Indian pharma companies bank on ‘mother brands’ to boost revenue growth | News

Business Standard

[ad_1] Indian pharma companies are focussing on flagship products or mother brands under which they launch various new combinations to ensure robust revenue growth as well as therapy leadership. An analysis by market research firm Pharmarack showed how such flagship brands have posted strong growth CAGR in the last five years, with some … Read more

Moderna secures $750 mn from Blackstone Life Sciences to develop flu shots | Company News

Business Standard

[ad_1] Moderna said on Wednesday it has entered into an agreement with private equity firm Blackstone’s life science investment platform for a funding of $750 million to develop its mRNA flu vaccines.   The biotech firm has been developing multiple vaccines to make up for a decline in sales of its COVID shots, … Read more

Portfolio, new launches to help pharma company Abbott India’s stock | News on Markets

Business Standard

[ad_1] Premium Abbott’s December quarter performance was mixed. Revenues were in line with estimates and operational parameters better than expected | Representative image The stock of Abbott India, the largest listed multinational pharmaceutical company, hit its highest early February and has added over 25 per cent to its returns since the start of the year. … Read more