Edition:
United States

Panacea Biotec Ltd (PNCA.NS)

PNCA.NS on National Stock Exchange of India

153.35INR
24 Mar 2017
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Latest Key Developments (Source: Significant Developments)

Panacea Biotec says it has not signed any definitive agreement with Narayana Hrudayalaya
Wednesday, 1 Mar 2017 06:20am EST 

Panacea Biotec Ltd : Panacea Biotec clarifies on news item "Narayana Hrudayalaya in advanced talks to buy Panacea Biotec's Gurgaon hospital." . Says unit Newrise Healthcare exploring options including disposal of stake either in full or in part . Says co kept on negotiating with several parties for partial/complete sale of stake in the said unit . Says not signed any definitive transaction docs with Narayana Hrudayalaya .Says co has entered into talks with Narayana Hrudayalaya in Aug 2016 and signed non-binding MoU on Dec 27, 2016.  Full Article

Narayana Hrudayalaya says not taken decision about talks to buy Panacea Biotec's Gurgaon hospital
Wednesday, 1 Mar 2017 05:32am EST 

Narayana Hrudayalaya Ltd : Narayana Hrudayalaya clarifies on news item "narayana hrudayalaya in advanced talks to buy Panacea Biotec's Gurgaon hospital." . Says "would like to confirm that we are in talks with panaceia biotech for their Gurgaon hospital since oct 2015" .Says calrifies that have not taken decision regarding this oppportunity; not entered into binding definitive agreeement.  Full Article

Panacea Biotec announces receipt of EIR from USFDA
Monday, 21 Nov 2016 12:21am EST 

Panacea Biotec Ltd :Panacea Biotec Ltd. announces receipt of establishment inspection report (EIR) from USFDA.  Full Article

More From Around the Web

BRIEF-Panacea Biotec says it has not signed any definitive agreement with Narayana Hrudayalaya

* Panacea Biotec clarifies on news item "Narayana Hrudayalaya in advanced talks to buy Panacea Biotec's Gurgaon hospital."