Palo Alto CA-based Varian Medical Systems will acquire Cancer Treatment Services International (CTSI) for $283 million from the private equity firm Texas Pacific Group. Founded by a team of University of Pittsburgh Medical Center (UPMC) doctors and business partners in 2006, privately held CTSI operates cancer care brand American Oncology...
Oricare Expands Footprint in India
Quakertown, PA-based Oricare Inc., manufacturer of intensive care unit and operating room products, established an office in New Delhi, India. The company designs and manufactures Anesthesia Machines, Vaporizers, Emergency and Critical Care Ventilators, Medical Air Compressors, Surgical Lamps, OR Tables, and Pumps.
Andhra Pradesh Seeks International Collaborations for Aquaculture
To improve aquaculture, the Indian State of Andhra Pradesh's Fisheries Department held discussions with organizations from Singapore, Netherlands, Vietnam, and other countries, to establish collaborations for knowledge-sharing and technology transfer. Teams from these countries visited the State and held talks on forging a joint partnership in deep sea fishing as...
India's Strides Pharma Science Acquires PA-Based Vensun Pharma
Bangalore, India headquartered Strides Pharma Science Limited announced that its subsidiary East Brunswick NJ-based Strides Pharma Inc., will acquire the full stake in Yardley, PA-based Vensun Pharmaceuticals, Inc., a company that manufactures generics. Vensun has a strategic focus on niche ANDAs with a portfolio of sixteen commercialized ANDAs, four of...
India's Lambda Therapeutic to Acquire Novum Pharmaceutical of Pittsburgh
Ahmedabad, India-based Lambda Therapeutic Research Limited will acquire Pittsburgh, PA-based Novum Pharmaceutical Research Services for an undisclosed amount. Following the transaction, Novum will continue to operate as a wholly-owned subsidiary of Lambda. Tausif Monif, president of global operations at Lambda, said that the company aims to broaden the scope of...
Indian Company Acquires Two U.S. Life Science Companies
Chennai, India-based TAKE Solutions Limited, a business technology company focused on life sciences and supply chain management, will acquire two U.S.-based companies: KAI Research for $27 million, and clinical research and functional service provider DataCeutics Inc. for $45 million, both in cash. Rockville, MD-based KAI Research is a full-service contract...