US-based Decision Resources Inc (DRG), a wholly-owned subsidiary of Piramal Enterprises, today acquired a health economics data and technology company Context Matters Inc for an undisclosed sum.
"We have acquired 100 per cent of the outstanding shares of common and preferred stocks of Context Matters at a price per share of USD 0.036 for the shares of common stock and an average price per share of USD 0.293 for the shares of multiple classes of preferred stock. The closing date for the acquisition was August 16," a company statement said.
The New York-headquartered Context Matters was founded in 2010, and is in health economics data service, catering to the life sciences industry.
Context Matters delivers its services through its proprietary market access platform. The data and information is used by pharma companies to understand how drugs are valued by the global marketplace and to position their drugs.
(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
Tata Motors Dividend 2024: Automaker's board recommend 300% dividend - Check payment date and other details
Akshaya Tritiya bank holiday or not Basava Jayanti 2024 festival date Banks closed or open tomorrow may 10 friday check out state-wise full list
80% return in one year: Brokerage suggests buying this Maharatna PSU stock for 2-3 days, check target
09:59 PM IST