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    Home > Active Ingredient News > Drugs Articles > India's Cadila healthcare company will purchase Claris lifesciences sterile injection imitation process for us $534 million

    India's Cadila healthcare company will purchase Claris lifesciences sterile injection imitation process for us $534 million

    • Last Update: 2015-05-25
    • Source: Internet
    • Author: User
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    Source: Biovalley 2015-05-25 May 25, 2015, according to the report of Indian Economic Weekly on Thursday, Cadila health care company plans to purchase Claris lifesciences sterile injection production process for 34 billion rupees (534 million US dollars), and the negotiation has entered the final stage According to the news, the two sides are exchanging views closely, and the results are expected to be announced next month Earlier this year, Claris denied that it was discussing the acquisition of the injection industry and said it had not even considered it But amneal pharmaceuticals, Novartis and Pfizer all showed interest in Claris, according to Indian Economic Weekly If Cadila fails to acquire, the possibility for lupin to acquire Claris will increase, according to wired In 2014, the Claris injection industry generated a total of 4 billion rupees (US $62.8 million) of revenue throughout the year, half of which came from emerging markets In Brazil and Russia, for example, a total of 1.5 billion rupees (US $23.6 million) of profits were generated A spokesman for Cadila said the company would not comment on market expectations for policy reasons At the same time, a spokesman for Claris was not in favor of such an act Claris shares are reported to have risen 11%.
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