Pharmaceuticals
Battle for Elan intensifies as Royalty Pharma raises bid to $6.7 bn
08 Jun 2013
Royalty Pharma, which buys royalty streams of patented drugs, sweetened its offer after its earlier bid was accepted by only 7.7 per cent of Elan’s shareholders.
Government sees plot to malign India’s pharma industry
03 Jun 2013
‘There is a strong reason to believe that some of the spurious drugs detected in the international markets, alleged to be exported from India, are desperate attempts by countries getting affected by the strength of Indian pharma industry’
Sun Pharma in discussion to acquire controlling stake in Meda AB
31 May 2013
Sun Pharmaceutical Industries is in discussions to acquire a controlling stake in Swedish drugmaker Meda AB for around $5 billion to boost its generics business in developed markets
Amgen to form Japanese venture with Astellas Pharma
29 May 2013
The two companies will focus on the co-development and co-commercialisation of five Amgen pipeline medicines in the Japanese market
Indian doctors’ body asks DCGI to probe Ranbaxy drug quality
29 May 2013
The Indian Medical Association has asked the Drug Controller General of India to investigate the quality of drugs manufactured and sold by Ranbaxy Laboratories in India
Valeant to acquire Bausch & Lomb for $8.7 bn
27 May 2013
Valeant Pharmaceuticals International today said that it will buy out global eye care major Bausch & Lomb Holdings Inc for $8.7 billion in cash from PE firm Warburg Pincus
Canada’s Valeant in talks to buy Bausch & Lomb for $9 bn
25 May 2013
After abandoning its $13 billion cash and stock bid for generic drug giant Actavis, Valeant, one of the most acquisitive pharmaceutical companies, has identified on Bausch and Lomb to strengthen its visual-care products
Merck & Co to buy back $5-bn worth stock
22 May 2013
Merck, the second-largest US drugmaker, will repurchase about 99.5 million shares from Goldman Sachs at current market prices
Featured articles
Lighter than air, yet very, very powerful
By Kiron Kasbekar | 03 Jan 2024
In March 2013 Chinese scientists pulled off a remarkable feat. They created the world’s lightest aerogel. Tipping the scales at a mere 0.16 milligrams per cubic centimeter – that’s a sixth of the weight of air!
COP28 explained: A closer look at COP28's climate change solutions
By Aniket Gupta | 27 Dec 2023
The 28th United Nations Climate Change Conference, also known as COP28, took place from 30th November 2023, to 13th December 2023, at Expo City in Dubai, United Arab Emirates.
What is a Ponzi scheme?
By Aniket Gupta | 06 Dec 2023
Ponzi schemes have long captivated the public imagination, drawing unsuspecting investors into a web of illusion and deception.
The Rise and Rise of HDFC Bank
03 Jul 2023
HDFC, which surged ahead of global majors like HSBC Holdings Plc and Citigroup Inc and left Indian peers like State Bank of India and ICICI Bank in market capitalisation, now ranks fourth largest among the world’s most valuable banks, after JPMorgan Chase & Co, Industrial and Commercial Bank of China Ltd and Bank of America Corp
India’s Millet Revolution To Enrich Global Food Basket
02 Apr 2023
Millets, a healthier and cheaper substitute to wheat and rice, are indigenous to many parts of the world, especially in the semiarid tropics of Asia and Africa, and offers a big scope for expanding production and consumption in the foodgrain deficient African continent
Market predator Hindenburg preys on Adani stock
06 Mar 2023
Almost a month after the damning report of short-seller Hindenburg Research on the Adani Group that claimed that the seven stocks within the group were about 85 per cent overvalued, one of the group's stocks, Adani Total Gas, closed at Rs835 on the BSE, down nearly 79 per cent from its 24 January level, almost close to reaching that valuation
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