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Articles for Finance

Blackstone's QCIL Acquires Kerala's KIMS Health Management For ₹3,500 Crore

Blackstone's debut investment in the Indian healthcare sector was the acquisition of a significant stake in QCIL earlier this year, valued at USD 800 million (₹6,600 crore)

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Plum Unveils 'E-imburse' For Reimbursement Claims, Reducing Processing Time to 1 Hour

Industry-wide reimbursements form 40 per cent of overall health claims, Plum's user-centric approach reduces the reimbursement claim process time from 7 days to just an hour

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IPO Update: Blue Jet Healthcare Opens Today At Rs 329-346 Per Share

Blue Jet Healthcare's Initial Public Offering (IPO) with a total worth of Rs 840.27 crore is set to begin accepting subscriptions on October 25

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Roche Acquires Telavant For $7.1 Billion

The purchase involves the acquisition of Telavant from Roivant Holdings and Pfizer Inc.

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Manipal HealthMap Acquires Full Stake In Medcis PathLabs

Manipal HealthMap bought an 84 per cent stake in Medcis Pathlabs in April 2022 by paying Rs 100 crore in an all-cash transaction.

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Leucine Rich Bio Secures Funding To Expand Microbiome Research

The funds will be primarily utilised for marketing and development of new products. This investment will help the company in building its product portfolio and enhancing its R&D prowess.

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Venus Remedies Gains Six Cancer Drug Approvals In Philippines, Eyes ASEAN Expansion

Venus Remedies secured authorisation for six oncology products in the Philippines, bringing their global total to 525 approvals across 76 countries

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Heart Failure Market To Reach $53 Billion By 2032, Predicts GlobalData

Global Data has forecasted a compound annual growth rate (CAGR) of 5.2 per cent from USD31.9 billion in 2022 to USD53 billion in 2032 for the heart failure market.

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