Ind-Swift Labs to sell API and CRAMS business to Synthimed for Rs 1,650cr

Ind-Swift Labs to sell API and CRAMS business to Synthimed for Rs 1,650cr

In a groundbreaking move that has left the pharmaceutical sector buzzing, the Board of Directors of Ind-Swift Laboratories Limited (“Ind-Swift”) announced the blockbuster sale of its active pharmaceutical ingredients (API) and contract research and manufacturing services (CRAMS) divisions to Synthimed Labs Private Limited (“Synthimed”) on September 6, 2023. The mega-deal, valued at a whopping INR […]

Piramal Pharma acquires solid oral dosage drug product facility in Sellersville

Piramal Pharma acquires solid oral dosage drug product facility in Sellersville

Piramal Pharma Solutions has agreed to acquire the solid oral dosage drug product manufacturing facility of G&W Laboratories in Sellersville, Pennsylvania for an undisclosed price. A subsidiary of India-based conglomerate Piramal Enterprises, the company is a contract development and manufacturing organization (CDMO), which provides end-to-end development and manufacturing solutions across the drug life cycle. According […]