The funds raised through the issue will be utilised to meet the working capital requirements to fund the company's expansion plans, entering new geographies and for general corporate purposes
The IPO is a complete OFS by existing shareholder Helix Investment Holdings
Acquisition expands Merck’s growing hematology portfolio
Funds raised will be used to develop technology and foster healthcare partnerships
Witnessing sizable consolidation (M& A) activity with Domestic Formulations and Hospitals being two areas wherein maximum M&A has occurred.
Quinten Health will announce in the coming months strategic partnerships with big pharma companies and data owners to launch the first disease modeling platforms.
SK Capital’s investment will serve as a catalyst for a new strategic direction as the Company seeks to deepen and expand its presence in fine chemistries for the global life science market.
The existing hospital premises has the scope to further scale up the bed capacity as and when required in the future with minimal Capex.
The funding round also saw participation from some of India's top angel investors and leading industry giants
Novavax' vaccine is the first protein-based COVID-19 vaccine authorized in the U.S.
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