According to two sources, KKR would acquire Gland Pharma for INR1 billion and would push through by the end of the month.
Healthcare Health/Fitness
KKR set to purchase Panasonic healthcare unit
KKR contemplating partnership with INCJ for the purchase of Panasonic's healthcare unit. Private equity firm KKR, according to sources with knowledge of the transaction, is contemplating if it would enter into a partnership agreement with state supported Innovation Network Corporation of Japan.
ALung Technologies raises USD 15.8 million in Series B-1 round
ALung Technologies closed its Series B-1 financing with USD 15.8 million to commercialize its Hemolung Respiratory Assist System.
Skuldtech scores additional EUR 1 million from Bpifrance for Alzheimer's disease project
Skuldtech announced that it had secured additional funding from Bpifrance worth EUR 1 million to develop a new therapy for Alzheimer's.
Walgreens to purchase Kerr Drug's retail and specialty pharmacy business
Today, Walgreens announced signing a definitive agreement to purchase Kerr Drug's retail and specialty pharmacy business without disclosing financial terms of the deal.
Latest News
Incumaker Inc. had announced completed acquisition for Cryogenic Therapy Company. Today, Incumaker Inc. announced that it had completed its acquisition of CryoMist I and CryoMist II.
Quality Systems Inc. announced today that its acquisition of Mirth Corporation was to enhance its client data exchange offerings and current company interoperability initiatives.
Foreign companies in China strengthened their compliance of laws as authorities continue their antitrust and corruption probes.
The buyout of Onyx Pharmaceuticals was tainted with conflicts of interest and undervaluation, according to its shareholders.
Johnson & Johnson had launched a sale process for its Ortho Clinical Diagnostics unit valued at USD5 billion.
Carlyle Group LP and Hellman & Friedman LLC were among other private equity companies that had been vying to acquire One Call Care Management Inc. for a deal valued USD1.5 billion.
A memorandum of understanding was signed for the financing of SsaangYong Motor in Korea. A memorandum of understanding was signed between Mahindra Finance and Woori financials.
The initial closing of Quadria Capital's second fund raised USD 107 million in capital commitments.
Mercato Partners with other institutional investors provided USD30 million for an oversubscribed Series B financing round for Ingram Medical.
