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Health & Medicine

Gland Pharma block deal: Fosun Pharma divests 99 lakh shares worth Rs 2,800 crore

Fosun Pharma sold a 6% stake in Gland Pharma for ₹2,800 crore via a block deal, reducing its holding to 45.77%. Major buyers included Kotak, Axis, and ICICI Prudential Mutual Funds, while Gland Pharma shares closed higher at ₹2,932.40.

We haven't written up this one. The Economic Times - Top News has the full story — the link below goes straight to it.

Read the original at economictimes.indiatimes.com →

More in Health & Medicine

Employer and worker health plan costs expected to jump in 2027

Employer health benefit costs are projected to see the steepest increase next year since 2003. That could mean higher deductions and out-of-pocket costs for workers.

  • Employer health plan costs to rise 8.2% in 2027, largest increase since 2003
  • Marsh survey predicts 11% cost spike without cost-cutting measures
  • Workers to bear 20% of increased health plan costs in 2027

Could GLP-1 Drugs Help Us Live Longer? New Study Shows Promise

A new animal-based study has found GLP-1s could have the potential to do more than curb appetite—they may even extend life span.

  • GLP-1 drugs, like Ozempic and Wegovy, may extend human lifespan according to a Berkeley study.
  • Female mice treated with semaglutide lived 834 days, compared to 742 days for the control group.

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