Acquisition

Healthcare Startup Fabric Acquires Walmart's Telehealth Biz Amidst Clinic Closures July 2, 2024 Amidst Walmart's decision to shut down its primary care clinics, healthcare technology startup Fabric has acquired the retail giant's telehealth business MeMD.

KKR to Acquire Kerala's Baby Memorial Hospitals for $300 Mn July 2, 2024 KKR & Co has planned to acquire a 70% controlling stake in Kerala's Baby Memorial Hospitals (BMH) for $300 million (INR 2500 Cr).

HCG Acquires Mahatma Gandhi Cancer Hospital for INR 414 Cr July 1, 2024 India's leading cancer care provider, Healthcare Global Enterprises (HCG) has acquired a majority, 51% stake in Visakhapatnam's Mahatma Gandhi Cancer Hospital and Research Institute (MGCHRI) for INR 414 Cr.

USA’s Altaris to Acquire Sharecare in a $518 Mn Deal June 26, 2024 US-based Private equity firm Altaris has agreed to acquire Sharecare for approximately $518 million.

After Acquiring Healthium Medtech, KKR in Talks to Acquire 26% Stake in Healthcare BPO Infinx May 21, 2024 The strategic move aims to expand Infinx's capabilities by acquiring smaller companies in the same field, known as bolt-on acquisitions, thereby enhancing its service offerings.

Manipal Hospitals Buys 87% Stake in Kolkata’s Medica Synergie April 30, 2024 With the addition of Medica, Manipal Hospitals will have expanded presence across 14 states via 37 facilities. Its total bed count will increase to over 10,500 beds.

Eli Lilly Inks Deal to Acquire Nexus Manufacturing Plant Amid Drug Shortages April 26, 2024 The move comes at a critical time as shortages of Mounjaro, a widely-used diabetes therapy, and Zepbound, its obesity counterpart, continue to impact patients across the United States.

Mumbai’s Zeno Health Acquires Tablt Pharmacy to Enter Eastern Market April 5, 2024 Established in 2017 by IIT Bombay alumni Siddharth Gadia and Girish Agarwal, Zeno Health has become the primary destination for generic medicines in the region.

Eris Lifesciences Acquires Biocon Biologics’ India Branded Formulation Biz for INR 1,242 Cr March 18, 2024 This strategic move aims to expand Eris's presence in the Indian market and venture into the lucrative injectables segment, valued at over INR 30,000 Cr.

Sun Pharma to Acquire 16.33% Stake of Surgimatix for $3.05 Mn February 21, 2024 Per the deal, Sun Pharma will have the option to receive warrants equivalent to 20% of the shares purchased, exercisable at $4.867 per share.

Max Healthcare Acquires Alexis Hospital for INR 412 Cr to Expand Presence in Maharashtra February 12, 2024 The acquisition marks a strategic move by Max Healthcare to bolster its presence in Tier-II cities with robust healthcare infrastructure and a wealth of clinical talent.

Sun Pharma Acquires Israel’s Taro Pharma in a Deal Worth $347.73 Mn January 19, 2024 This merger comes after almost 17 years of negotiations and discussions. Additionally, the deal is expected to close in the first half of 2024.