Indian CDMO Gland Pharma to acquire French CDMO Cenexi

Indian CDMO Gland Pharma to acquire French CDMO Cenexi

Gland Pharma, an Indian contract development and manufacturing organization (CDMO), through its Singapore subsidiary Gland Pharma International, has agreed to acquire Cenexi, a French CDMO, at an enterprise value of €230 million. In this regard, the parties have signed a ‘Put Option Agreement’, which is expected to help Gland Pharma foray into the European CDMO […]