India Based Injectables Company Attracts Multiple Global Deals - PowerPoint PPT Presentation

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India Based Injectables Company Attracts Multiple Global Deals

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Indian drug maker Torrent Pharmaceuticals is expected to be binding bids by the middle of the next month. KKR (an American investment firm) invested in Gland Pharmaceuticals for the first time in 2013 with an amount of about $200 million. – PowerPoint PPT presentation

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Title: India Based Injectables Company Attracts Multiple Global Deals


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India Based Injectables Company Attracts Multiple
Global Deals
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  • Hyderabad based Gland Pharmaceuticals Ltd is
    attracting investors and buyers from all over the
    world. Global buyout firm Advent International
    and US based Baxter International are ready with
    their deals to invest in Gland Pharma Ltd.

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  • Indian drug maker Torrent Pharmaceuticals is
    expected to be binding bids by the middle of the
    next month. KKR (an American investment firm)
    invested in Gland Pharmaceuticals for the first
    time in 2013 with an amount of about 200
    million.

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  • This investment was the largest private equity of
    the time with the company valued at about 600
    million. Gland Pharma founders and KKR own about
    99 of the company. Both are selling their
    combined stake in this deal that is valued at
    between 1 billion and 1.5 billion.

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  • Established in 1978, Gland Pharma is a globally
    renowned manufacturer company of Small Volume
    Parenterals (SVPs) with presence in about 90
    countries in five continents.

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  • It was the first company to set up a
    state-of-the-art Pre-Filled Syringes (PFS)
    facility in India and having credit of first
    company to get acceptance by US FDA for liquid
    injectable facility in India.

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  • A world leaders in Glycosaminoglycans (GAGs)
    range of molecules, Gland Pharma is known for
    their pioneer Heparin technology in India. The
    injectables business of Gland Pharma is certainly
    a lucrative opportunity for investors.

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  • Other giant market players are also investing in
    this potential market. Pfizer acquired US firm
    Hospira for 17 billion last year partly to
    develop its injectable drug business. Mylan NV
    paid 1.6 billion in 2013 to buy the injectables
    drug unit of Indias Strides Arcolabs.

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  • For More Information, Visit Us

http//medgenera.com/
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