April-2016-Global Lifesciences Business in India - News & Updates


Highlights for April 2016:

  1. Swedish firm Recipharm buys Kemwell businesses in India, US and Sweden for USD 205 million.
  2. Godrej Consumer Products Ltd acquired US-based Strength of Nature LLC, a hair care products company that makes products solely for women of African descent.
  3. South African drug maker Adcock Ingram Holdings Ltd sold its drug marketing and sale business to India-focused private equity company Samara Capital Partners Fund II Ltd, for about USD 22 million.
  4. Portea Medical acquired Health Mantra India Private Limited to strengthen its offerings in geriatric care, orthopedics, and respiratory care and sleep medicine
  5. Gland Pharma has attracted bids from top drugmakers including Baxter and Torrent Pharma
  6. Recipharm completes acquisition of 74% stake in CMO Nitin Life sciences on cash and debt free basis.

Aagami Updates:

  1. 2 new client wins for Aagami
  2. Aagami registers for 2016 BIO International Convention in San Francisco (June 2016). We look forward to meeting you there.
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