US-based specialty healthcare company Endo Health Solutions Inc agreed to purchase pharmaceutical firm NuPathe Inc in a deal valued at $105 million for its new migraine medication.
Healthcare Health/Fitness
Blackstone to sell its stake in Indian drug maker Emcure Pharma to Bain Capital for INR650 crore
Private equity firm Blackstone Group has put up for sale its 13.09% stake in Indian drug company Emcure Pharmaceuticals. The stake will be sold to rival private equity firm Bain Capital for INR650 crore.
Private equity firm Carlyle Group has acquired a minority stake of 28% in Indian super-specialty hospital chain Global Health for INR960 crore
Private equity firm Carlyle Group has acquired a minority stake of 28% in Indian super-specialty hospital chain Global Health for INR960 crore. Carlyle as of September this year had invested $1.1 billion in India.
Synapse Biomedical wins $2.4M from Ohio Third Frontier Commission
The Ohio Third Frontier Commission has awarded Synapse Biomedical with $2.4 million to further the design and development of its NeuRx technology, a platform that is used to treat patients with respiratory insufficiency.
Bayer to acquire Algeta in $2.9 B deal
Germany-based healthcare and agricultural products company Bayer said it will be buying Norway-based Algeta, its partner in developing a prostate cancer therapy, in a deal worth $2.9 billion, Bloomberg reported.
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Hutchison Whampoa, a conglomerate controlled by Hong Kong tycoon Li Ka-shing has picked Bank of America Merrill Lynch, Goldman Sachs and HSBC to manage the proposed listing of A.S. Watson in Hong Kong and London.
TPG Capital, Canada Pension Plan Investment Board (CPPIB) and Leonard Green & Partners have hired JPMorgan Chase & Co. to lead the initial public offering of the healthcare information company.
Massachussetts, US-based mobile data analytics firm Trinity Pharma Solutions announced raising $15 million in a growth round led by Health Enterprise Partners for its expansion in New Jersey and California.
Despite getting clearance from accounting firm PricewaterhouseCoopers LLP regarding its fiscal statements for the last three years, activist investor Bill Ackman appeared to be not convinced that Herbalife Ltd is not operating a pyramid scheme.
San Francisco-based motivational startup Pact has raised $1.55 million in a recent funding round to develop its mobile apps that help users hit health goals through monetary stakes.
Solta Medical Inc. has put up the company for sale amid falling profits and pressure from activist investor Voce Capital Management LLC. California-based Valeant Pharmaceuticals International will buy Solta Medical for $236 million in cash.
After lackluster activity in the past years, pharmaceutical firms have gotten back to producing new drugs but they encounter challenges in selling them, according to a report on The Wall Street Journal.
California, US-based software developing company Accelrys has acquired Ireland-based software business Qumas in a deal valued at $50 million to expand its products expansion and client base.
France-based ophthalmic lenses firm Essilor International has acquired Canada-based sunglasses and reading glasses distributor Suntech Optics Inc to develop its prescription and non-prescription eyewear product portfolio.
