Based out of Boston, Vivek will build on the foundation created by Vaidheesh, and will help build a stronger customer connect and further drive global expansion of the platform
Acquisition in line with Mankind’s stated objective to expand its presence in high entry barrier complex portfolios and high potential OTX brands
Keimed is a leading wholesale pharma distribution with industry leading operating metrics
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The overall transaction is expected to conclude over next 12-15 months subject to receipt of all relevant shareholder and regulatory approvals
New Board of Directors and management team at Suven Pharma also appointed
Advent will also be making an open offer to acquire additional 26% of the outstanding equity shares of the company from the public shareholders.
API platform to comprise of RA Chem Pharma, ZCL Chemicals and Avra Laboratories
Avra Labs is a Hyderabad based contract manufacturing and research services (CRAMs) and specialty active pharmaceutical ingredients (API) manufacturer with four facilities across the states of Telangana and Andhra Pradesh
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