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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

AstraZeneca bets on next-generation cancer therapy with $2 bn Fusion deal | Company News

Business Standard

[ad_1] AstraZeneca said on Tuesday it will buy Canadian drug developer Fusion Pharmaceuticals Inc for $2 billion in cash as the Anglo-Swedish drugmaker bets on next-generation cancer treatments. The deal gives AstraZeneca a foothold in the radiopharmaceutical drugs market, which has seen increasing investor interest since 2021 when data from Novartis’ treatment showed … Read more

India sends relief material including medicines to cholera-affected Zambia | India News

Business Standard

[ad_1] India has sent relief material, including medicines, to Zambia to help it deal with an outbreak of cholera, External Affairs Minister S Jaishankar said on Saturday. He said India stands with Zambia in this “trying time”. “India sends Humanitarian Assistance to Zambia in wake of the cholera outbreak,” Jaishankar posted on … Read more