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China's Fosun offers to invest up to USD 350 million in Fortis Healthcare

Fosun Healthcare in a letter to Fortis said it has offered up to 156 rupees (USD2.38) per Fortis share and won't hold more than 25 per cent stake in the hospital and diagnostics chain.

The experts discussed the formation of a model that is collaborative with like-minded institutions trying to make an impact across various verticals of healthcare.
We will need to focus on true breakthroughs, therapies that are truly transformative - either life enhancing or meaningfully life changing.
Sun Pharma in a BSE filing said that its net profit was adversely impacted by one-time deferred tax adjustment of Rs 513 crore related to changes in US tax rates.