Samridhi Fund invested INR18 crore in Bhubaneswar-based diabetes care provider Kanungo Institute of Diabetes Specialties (KIDS) to help the latter expand its services in rural India.
Medical
Mainstay Medical raises €18M in Dublin and Paris listing
Dublin, Ireland-based medical startup Mainstay Medical raised €18M as it completed a listing in the Iris Stock Exchange (ISE) to fund the clinical trials for its product in the US and Europe next year.
Canadian medical photo sharing app Figure 1 releases new features
Toronto, Canada-based medical photo and information sharing app Figure 1 released new features yesterday to give doctors ability to create better profiles and allow them to collaborate with other users on different medical cases.
Domain Elite invests $6.5M to bring SMART Medical Systems' endoscopy products to China
American venture capital firm Domain Elite invested $6.5 million in Israeli endoscopy and colonoscopy products maker SMART Medical Systems to bring the latter's products to meet the demand for the said products in Greater China.
US biopharma firm ProNAi lands $60M in Series D funding to fight lymphoma
Michigan, US-based biopharmaceutical firm ProNAi Therapeutics landed $60 million in its Series D funding round led by Vivo Capital to advance its cancer treatment drugs to the second phase of clinical trials.
Latest News
Oklahoma, US-based anti-abortion craft store chain Hobby Lobby stirred controversy by investing $73 million in Pfizer, Bayer, and other companies that make abortive drugs and contraception.
Philippine crowdfunding site Medifund turns non-profit to help medical students finish their studies
Philippines-based crowdfunding site Medifund turned non-profit to help students in developing countries pay for the cost of their schooling and to encourage more women to enter the medical profession.
Results of a study showed that the CoreValve system of Medtronic Llc posted a significantly higher rate of survival among patients who opted for the procedure than those who underwent open heart surgery, Reuters reported.
British Columbia, Canadian vertical farming firm Vertical Designs Ltd acquired a 10% stake in marijuana industry-focused publicly traded firm Affinor Resources for an undisclosed amount.
Britain-based AstraZeneca has formed a flagship deal with Medical Research Council or MRC to hopefully help the drugmaker revive research on new drugs, Reuters reported.
5AM Ventures and Lundbeckfond Ventures led the $16 million Series A round for scPharmaceuticals, a pharmaceutical firm that is establishing products for subcutaneous delivery, a statement about the funding said.
Vernalis is pleased to announce the achievement of the first milestone
in its research collaboration with Asahi Kasei Pharma (AKP).
Albany Molecular Research Inc bought Grafton, US-based pharmaceutical ingredients manufacturer Cedarburg Hauser Pharmaceuticals in a deal valued at $41 million that will up its 2014 revenue by $14 million.
Pune, India-based software services firm Persistent Systems used its venture capital fund to invest an undisclosed amount in California, US-based hand hygiene solutions startup Hyginex for its international expansion.
