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BioPharmaceutical India Deals

Torrent Buy Of Elder Pharma Formulations Business Clears India's CCI

This article was originally published in PharmAsia News

Executive Summary

Torrent Pharma's $333.5 million purchase of the formulations business of Elder Pharma has received the approval of the Competition Commission of India, which considers antitrust issues.

Torrent Pharma's $333.5 million purchase of the formulations business of Elder Pharma has received the approval of the Competition Commission of India, which considers antitrust issues. The deal is confined to Elder's business in India and Nepal. The CCI said it was swayed in part by the fact the two companies together would not have a significant share of the therapeutics market. (Click here for more)

"CCI Clears Torrent-Elder Pharma Deal" - Times Of India (4/10/2014)

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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call +44 (0) 20 3377 3183

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