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Deal● Neutral for Indian equities
Grindr expands beyond dating with $250 million telehealth acquisition of PurposeMed
The brief
- Grindr is buying PrEP provider Freddie for $250 million to expand into healthcare and HIV prevention
- India Hospital Stocks Erase $2.6 Billion as Top Court Flags Drug Markups
- SC questions hospital drug mark-ups; hospital stocks fall up to 7%
- SC flags a costly dose of markups, asks for 16% cap on essential meds
- Expanding innovative portfolio may drive gains for Sun Pharma stock
- Sun Pharma Plans Rs 10,000 Crore Rupee Debt Sale To Refinance Organon Deal: Report