The investment is part of the group's digital health initiatives, to foster affordable access to world-class technology and an innovation-led healthcare ecosystem in India
The revenues and profits derived from the new subsidiary will be consolidated in the parent company
Domestic business was up 41.9% YoY and 27.7% QoQ
Floods had forced the plans in Mahad to shut down
Winlevi, the recently added anti-acne product with a new mechanism of action and broad-based use (vs Absorica), will further boost the derma portfolio and Speciality business growth
Complementary business models are the reason for the acquisition
Turnover of API division of ISLL stood at Rs 856.58 crore
The company had announced the expected date of completion of sale and disposal of the said undertaking is 90 days from the date of signing the Definitive Agreements.
SteriScience will infuse an additional amount of Rs. 74.5 crore, making a total investment commitment of Rs. 114.5 crore in BSL
The company expects to see steady performance led by new launches and gradual normalization post the scale-up in vaccination
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