Advertisements Novartis said on Tuesday a previously announced restructuring programme could lead to 8,000 jobs being cut, or about 7.4% of its global workforce, including up to 1,400 in Switzerland. The job cuts, previously projected by Chief Executive Vas Narasimhan… Read More ›
pharma
Innova Captab Files Draft Papers For IPO With Sebi
Advertisements Pharmaceutical company Innova Captab Ltd has filed preliminary papers with the capital markets regulator Sebi to raise as much as Rs 900 crore through an Initial Public Offering (IPO). The proposed IPO comprises fresh issuance of equity shares worth… Read More ›
Cipla To Acquire 21 Percent Stake In Achira Labs For INR 25 Cr
Advertisements Pharma major Cipla Ltd on Friday said it will acquire 21.05 per cent stake for Rs 25 crore in Achira Labs Pvt Ltd, which is engaged in development and commercialisation of point of care (PoC) medical test kits in India. The company has signed… Read More ›
MEDdelivery Raises Around $1 Million Investment
Advertisements Started with the aim of establishing a single value chain between pharma companies, stockists and medical shops, MEDdelivery was founded by Aastha Dusad, Rohit Bafna, and Rahul Gautam in April 2019. The Jaipur based B2B pharma-tech startup has raised… Read More ›