Torrent Pharmaceuticals to acquire dermatology company Curatio Healthcare for Rs 20bn

Torrent Pharmaceuticals to acquire dermatology company Curatio Healthcare for Rs 20bn

Indian pharma company Torrent Pharmaceuticals has agreed to acquire cosmetic dermatology company Curatio Healthcare (I) Private Limited for INR 2,000 crores, in a move to strengthen its presence in the dermatology segment. The consideration consists of INR 115 crores of cash and cash equivalents in the acquired business, which gives an enterprise value of INR […]

Torrent Pharmaceuticals gets rights to generic of Pfizer’s oral Covid-19 treatment

Torrent Pharmaceuticals gets rights to generic of Pfizer’s oral Covid-19 treatment

Torrent Pharmaceuticals has entered into a licensing agreement with Medicine Patent Pool (MPP) for manufacturing and commercializing the generic version of Pfizer’s oral Covid-19 treatment. Pfizer’s oral Covid-19 treatment is made up of PAXLOVID (nirmatrelvir), which inhibits a SARS-CoV-2 protein to prevent the SARSCoV-2 virus from replicating and ritonavir, which slows down the breakdown of […]