April-2016-Global Lifesciences Business in India - News & Updates
Highlights for April 2016:
- Swedish firm Recipharm buys Kemwell businesses in India, US and Sweden for USD 205 million.
- 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.
- 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.
- Portea Medical acquired Health Mantra India Private Limited to strengthen its offerings in geriatric care, orthopedics, and respiratory care and sleep medicine
- Gland Pharma has attracted bids from top drugmakers including Baxter and Torrent Pharma
- Recipharm completes acquisition of 74% stake in CMO Nitin Life sciences on cash and debt free basis.
Aagami Updates:
- 2 new client wins for Aagami
- Aagami registers for 2016 BIO International Convention in San Francisco (June 2016). We look forward to meeting you there.