HCG acquires oncology labs and divests stake in Strand Life Sciences
The transactions resulted in a net cash inflow of Rs 183 crores for HCG in addition to the take-over of the labs and clinical research business
The transactions resulted in a net cash inflow of Rs 183 crores for HCG in addition to the take-over of the labs and clinical research business
The revenues and profits derived from the new subsidiary will be consolidated in the parent company
The lab has been developed to aid surgeons to overcome the challenging learning curve to obtain laparoscopic expertise
The company aims to continue its expansion via organic and inorganic routes to increase production capacity and product portfolio
Advance to Phase 3 follows positive interim Phase 1/2 immunogenicity and safety data. The global clinical trial will evaluate vaccine candidate GBP510 against the AZ/Oxford COVID-19 vaccine
Aashka Hospitals has entered into a non-binding agreement for its proposed tie-up with Vaidehi—Backbone hospital, Rajkot
The facility has the capacity to produce one crore doses per day
The clinical research organisation located in Hyderabad is a USFDA inspected facility
In H1FY21, it attracted PE deals worth US $ 1.6 billion compared to US $ 3 billion in CY2020
The agreement is to develop, manufacture and commercialise biosimilars for the global market.
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