IQuest Enterprises, a multi-sector investment company, said it has entered into a definitive agreement to acquire the API (active pharmaceutical ingredient) operations of global pharmaceutical major Viatris in India...
Pharmaceutical
PE Advent completes acquisition of Suven Pharma, appoints new Board and management team
Private equity firm Advent International announced the completion of its majority acquisition of Hyderabad-based listed contract development and manufacturing organisation (CDMO) Suven Pharma. Advent acquired 50.1%...
Italy’s Alfasigma to buy US liver disease drugmaker Intercept for nearly $800 mln
Italy’s Alfasigma S.p.A agreed on Tuesday to buy drugmaker Intercept Pharmaceuticals for $794 million as it aims to expand its treatment portfolio in liver diseases and digestive system disorders, and bolster...
Novo Holdings, Gurnet Point close $462 million acquisition of Paratek Pharmaceuticals
Novo Holdings, controlling shareholder in drugmaker Novo Nordisk, and Gurnet Point Capital on Thursday closed their acquisition of biopharmaceutical company Paratek Pharmaceuticals in a deal worth $462 million, Novo...
Nirma to buy Glenmark Life Sciences for ₹5,651 crore
Nirma Ltd has agreed to buy 75% of Glenmark Life Sciences Ltd for ₹5,651.5 crore in a deal that values the latter at ₹7,535.4 crore. Mint reported first on 15 August that the cement-to-detergent maker was the sole...
Novo Holdings closes $462 million acquisition of Paratek Pharmaceuticals
Novo Holdings, the controlling shareholder in drugmaker Novo Nordisk, said it had closed its acquisition of biopharmaceutical company Paratek Pharmaceuticals in a deal valued at $462 million. The acquisition of Paratek...
Philip Morris to consider stake sale in biggest pharma unit – WSJ
Marlboro maker Philip Morris International is considering selling a stake in Vectura, its biggest pharmaceutical unit, the Wall Street Journal reported on Tuesday. The tobacco company told the Journal that it was...
Cabinet clears Advent’s acquisition of Suven Pharma for Rs 9,589 crore
The Cabinet Committee on Economic Affairs headed by Prime Minister Narendra Modi on Wednesday approved the FDI proposal for foreign investment of up to Rs.9589 crore in Suven Pharmaceuticals Limited by private equity...
lndiaRF to acquire API, CRAMS business of Ind-Swift Labs
IndiaRF, the India-focused investment platform promoted by Piramal Enterprises and Bain Capital, will acquire the active pharmaceutical ingredients (API) and contract research and manufacturing services (CRAMS) business...
Blackstone among global funds in race for Sai Life
About half a dozen global funds, such as Blackstone, Carlyle, PAG, CVC Capital, BPEA EQT, Brookfield Asset Management and Apax Partners, have evinced interest in acquiring Hyderabad-based pharmaceutical company Sai Life...
Cipla to acquire South Africa-based Actor Pharma
Drug major Cipla on Monday said its unit has inked a pact to acquire South Africa-based Actor Pharma. Cipla South Africa, a wholly-owned subsidiary of the Mumbai-based drug major, has inked a binding term sheet with...
Permira to buy UK pharma services firm Ergomed for $886 mln
European private equity firm, Permira, has agreed to buy British biopharmaceutical services company Ergomed for about 703.1 million pounds ($886.40 million), the two firms said on Monday, in the latest UK healthcare...
