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Novo Nordisk preparing to launch weight-loss drug Wegovy in India

New Delhi, June 24 -- Danish drugmaker Novo Nordisk is betting on its insulin leadership in India to dominate the country's $25-billion anti-obesity drug market with the imminent launch of its weight-... Read More


Amazon brings diagnostic test booking to app

mumbai, June 23 -- Amazon India customers can now book diagnostic tests on their app, as the e-commerce giant expands its medical offerings beyond online pharmacy and teleconsultations. The company se... Read More


Amazon takes on 1mg, Netmeds in diagnostics

mumbai, June 23 -- Amazon India customers can now book diagnostic tests on their app, as the e-commerce giant expands its medical offerings beyond online pharmacy and teleconsultations. The company se... Read More


Amazon brings diagnostic test booking to app, sees big opportunity in healthcare

New Delhi, June 22 -- Amazon India customers can now book diagnostic tests on their app, as the e-commerce giant expands its medical offerings beyond online pharmacy and teleconsultations. The compan... Read More


Biocon launches QIP to raise Rs.4,500 crore

New Delhi, June 17 -- Indian biopharmaceutical firm Biocon Ltd is looking to raise $523 million ( Rs.4,500 crore) by selling 11.6% stake through a qualified institutional placement (QIP) issue, showed... Read More


Sun Pharma names Kirti Ganorkar as new managing director, Dilip Shanghvi to continue as chairman

New Delhi, June 13 -- Sun Pharmaceutical Industries Ltd's India business head Kirti Ganorkar will succeed founder Dilip Shanghvi as managing director as India's largest drugmaker announced a major lea... Read More


Bain Capital-backed CitiusTech exploring acquisitions, to evaluate IPO

New Delhi, June 13 -- Bain Capital-backed CitiusTech, a healthcare technology services company, is planning to grow through acquisitions and will evaluate an IPO this year, either in the US or India, ... Read More


Advent to acquire significant minority stake in animal drug maker Felix Pharmaceuticals for $175 million

New Delhi, June 9 -- Private equity firm Advent International has signed a definitive agreement to invest $175 million (about Rs.1,500 crore) for a significant minority stake in Felix Pharmaceuticals ... Read More


How Medikabazaar's new CEO is trying to turn around the business, target profitability this year

New Delhi, June 5 -- Medikabazaar, the medical equipment supplier, expects to put the controversies surrounding the startup behind it as it targets profitability this year, CEO Dinesh Lodha toldMint i... Read More


Zydus buys Agenus' biologics plants in US for $125 mn, licenses cancer therapy

New Delhi, June 3 -- Zydus Lifesciences announced on Tuesday it is acquiring two biologics contract manufacturing facilities in California from US-based Agenus Inc for a total consideration of up to $... Read More