ERIS Lifesciences will acquire 100% stake in Oaknet Healthcare at an equity valuation of Rs 650 crore. The business will be housed in Eris Oaknet Healthcare, a wholly owned subsidiary of the company. The deal is expected to be completed before end of May 2022. The acquisition facilitates the entry of Eris into the dermatology segment. Powered by Capital Market – Live News
For consideration of Rs 64 cr
Biocon announced that the Health Products Regulatory Authority (HPRA), Ireland, conducted a GMP inspection of one of Biocon Biologics new monoclonal antibody drug substance manufacturing facilities in Biocon Park, Bengaluru, India, between 28 March and 01 April 2022. The inspection report contains no critical observations and only one of the deficiencies is categorized as major which is being addressed expeditiously in consultation with the regulatory […]
SGX Nifty: Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could rise 94 points at the opening bell. Meanwhile, subscription for the initial public offering (IPO) of insurance behemoth Life Insurance Corporation (LIC) of India has opened today and it will remain open for bidding till 9th May 2022. The IPO price band is Rs 902 to Rs […]
Adani Ports & Special Economic Zone announced the highlights of operational performance as under: – Adani Ports handled a cargo volume of 28.64 MMT in April 22 vs. 24.46 MMT in April 21, implying a y-o-y growth of 17%. – The coal volumes bounced back and registered a 23% y-o-y growth – The agriculture cargo and fertilizer handling at its ports has seen a 350% […]

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