AstraZeneca Plc agreed to acquire Chinese cell therapy developer Gracell Biotechnologies Inc. for as much as $1.2 billion as the British drug giant bolsters its bets on medical innovation in the world’s second-biggest economy. Under the agreement, Astra will acquire Shanghai-based Gracell for $2 a share, amounting to an upfront cash payment of $1 billion. […]
Mamaearth on Monday sought to deny reports of withdrawal of its proposed Rs 2,500-crore IPO, saying that the parent company Honasa Consumer is engaging with regulator SEBI on the public issue. Earlier today, Reuters reported citing sources that Mamaearth has put its proposed IPO on hold due to weak market conditions. Mamaearth co-founder and CEO […]
Indian share market is likely to open mildly in green on weekly F&O expiry, hinted SGX Nifty on Thursday. On the Singapore Exchange, Nifty futures were trading marginally higher at 17893 level. In the previous session, BSE Sensex jumped 378 pts to 60,664, while NSE Nifty 50 rose 150 pts to 17,872. “If we have […]
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