Sun Pharmaceutical Industries said it has revised upwards the price at which it proposed to fully acquire Israel-based Taro Pharmaceutical Industries to USD 43 per share in cash. In May this year, the company announced...
AstraZeneca Pharma India plans to sell Bengaluru plant
AstraZeneca Pharma India plans to sell its production facility in Bengaluru as part of a strategic review of the global manufacturing and supply network by its parent, according to a regulatory filing. The company...
Mankind Pharma and Baidyanath Ayurveda in race for government’s IMPCL
Mankind Pharma and Baidyanath Ayurveda are among the companies that have submitted expressions of interest (EoIs) to acquire 100% of government-owned Ayurveda company Indian Medicines Pharmaceutical Corporation (IMPCL)...
International Flavors & Fragrances mulls $3.5 bln sale of pharma unit – Bloomberg News
International Flavors & Fragrances is working with an adviser to explore a potential sale of its pharma solutions business, Bloomberg News reported on Monday, citing people familiar with the matter. The unit could...
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%...
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...
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...
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...
Biocon acquires Eywa Pharma’s US-based plant for $7.7 million
Biotechnology major Biocon said its unit has acquired Eywa Pharma Inc’s oral solid dosage manufacturing facility in the US for $7.7 million (over Rs 63 crore). Biocon Generics Inc has acquired Eywa’s...