The acquisition of Bharat Serums and Vaccines would add a lot of value, aiding future growth of Mankind Pharma, according to Vice Chairman and Managing Director Rajeev Juneja. On July 25, Mankind had announced that it will fully acquire Bharat Serums and Vaccines (BSV) from Advent International for an enterprise value of around Rs 13,630 crore. "One thing should be very clear, this acquisition is not to really add some kind of revenue, but to add a lot of value, future growth, entry barrier, super specialty business in Mankind," Juneja said in an analyst call. Whatever the company is paying for BSV, it is very relevant as the company has "so much of value" with well established business, he said. The acquisition is in line with the company's strategy of buying high entry barrier businesses, he stated. The buyout will solidify Mankind's position with complementary drug portfolio and extensive reach to target rapidly growing highly under-penetrated markets, especially in fertility,
Advent International, the private equity firm currently owning BSV, appointed JP Morgan and Jefferies to facilitate the sale of the biopharma firm
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During her Interim Budget 2024 speech this February, the Finance Minister had highlighted significant achievements and ongoing efforts for women empowerment
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Over 35 crore Jan Aushadhi Suvidha Sanitary Pads have been sold through the Pradhan Mantri Bhartiya Janaushadhi Pariyojana centres across the country in the last three years with the rural uptake increasing from 11-12 per cent to 45 per cent, Union Health Minister Mansukh Mandaviya said on Thursday. Overall, the uptake of sanitary pads has climbed to 55 per cent, Mandaviya said. Briefing the media on achievements of the government on the front of development of women and children in the last nine years, he asserted there has been a radical change in the role and status of women in the country under the Modi government. He said the prime minister has worked on seven pillars of women security, women empowerment, prosperity of women, equal participation for women, respect to women, providing facilities to women and women health to ensure that the women of New India are truly empowered. Listing the initiatives taken for the welfare of women, he said it was the Modi government which ...
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Every year, at least 40 million women are likely to experience a long-term health problem caused by childbirth, new study published in The Lancet Global Health journal has found. Researchers found that the symptom of experiencing pain during sexual intercourse, or dyspareunia, affected more than a third of such postpartum women (35 per cent), while 32 per cent of these women experienced low back pain. Other symptoms affecting postnatal women included involuntary urination (8-31 per cent), anxiety (9-24 per cent), depression (11-17 per cent) and perineal pain (11 per cent), which refers to pain in the general region between the anus and the genital organs, the international team of researchers including those from the World Health Organization (WHO) said in their study. Their study showed that a high burden of postnatal conditions persisted in the months or even years after giving birth. However, many of these occur beyond the point where women typically have access to postnatal ...
The fact that women are not reaching leadership positions means they are not able to influence decision-making on public health, Lancet article shows
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