Business News
Business News

Remote patient monitoring market growing The European remote patient monitoring market is growing, but slowly, due to limited government reimbursement, […]

Piramal Diagnostic eyeing acquisitions
Piramal Diagnostic eyeing acquisitions

Aiming to tap the booming healthcare sector, Piramal Healthcare’s (formerly Nicholas Piramal) diagnostic division, Piramal Diagnostic Services (formerly Wellspring), is in talks with 15 diagnostic centres for acquisition.

Wockhardt hiving off R&D business
Wockhardt hiving off R&D business

Drug maker Wockhardt has announced it will spin off its R&D business and list the new company on stock exchange on January 1, 2009. The company thus has followed similar moves by other pharma companies, who have hived off their research and development units.

NPIL, Merck in research deal for cancer drugs
NPIL, Merck in research deal for cancer drugs

Nicholas Piramal (NPIL) has reportedly signed a research deal potentially worth a maximum revenue of USD 350 million with US pharmaceutical giant Merck & Co to carry out early discovery and development of two new cancer drugs, the two companies said on Monday.

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