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Articles for Finance

Bessemer, IFC Seek To Divest 30% Stake In NephroPlus

Bessemer Venture Partners and International Finance Corporation planning to exit NephroPlus completely by divesting about 30 per cent stake together

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AstraZeneca To Pay $425 Mn For Settling Nexium, Prilosec Litigation In US

The agreements effectively resolve all pending claims filed against the company for failing to warn patients about the risk of contracting chronic kidney disease and related issues

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IQuest Acquires API Arm Of Drugmaker Viatris

According to the statement, IQuest emerged as the preferred investor for the API division of Viatris after a worldwide competitive bidding process.

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Healthtech Startup FlexifyMe Raises $1 Mn In Seed Fund Led By Flipkart Ventures

The company said the funds from this round will be used to further enhance the AI motion coach, making it available in local languages, and expanding the platform's reach in the MENA and North American regions

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Doceree Raises $35 Mn In Series B Funding Led By Creaegis

Driven solely by the mission to transform healthcare professional (HCP) marketing globally, the funds will enable Doceree to accelerate product development, augment technologies, scale global expansion, and expand its team

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Emcure Pharma Plans IPO, Engages JP Morgan, Jefferies

Bain capital backed Emcure Pharma aims to raise 400-500billion dollars through IPO, reviving it’s listing plans which it had postponed earlier in 2022 due to global market disturbance caused by Ukraine -Russia conflict

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Nirma Acquires 75% Stake In Glenmark Life For Rs 5,651 Cr

Glenmark Pharmaceuticals on Thursday said that it has entered into a definitive agreement with Nirma to divest 75 per cent stake in its subsidiary, Glenmark Life Sciences (GLS), at a price of Rs 615 per share for an aggregate consideration of Rs 5,651.5 crores

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QubeHealth Raises More Funds, Expects To Deploy Rs 3,000 Cr In Medical Credit In Three Yrs

QubeHealth, a healthcare payments company has topped-up its Pre-Series-A round with investments led by the Inflection Point Ventures, Green Ivy Ventures and other Family Investment offices

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