bayer Imaging

Piramal’s definitive 3 pronged approach.

I initially bought into Piramal Healthcare as it was a cash bargain. At 360/- a share you actually got over 600/- of cash ( ignoring all the irrelevant stuff like management, brand company history etc 🙂 ). The logic was that even if Ajay Piramal lost/mismanaged or stole 50% of the cash, my investment would…

Piramal Enterprises – FDA Approves Florbetaben

Piramal Imaging ( Subsidiary of Piramal Enterprises) has made two major acquisitions, BST CarGel for 30cr in 2011 from BioSynTech and a molecular imaging Portfolio from Bayer in 2012 for an undisclosed amount. CarGel received approval in the EU in 2012 and is still awaiting approval from the FDA. For an acquisition price of 30cr…