Announced
Synopsis
Biological E, a pharmaceutical and biologics company, completed the acquisition of Akorn India, a producer of vaccines and injectable medicines, from pharmaceutical companies Akorn and WorldAkorn. Financial terms were not disclosed. “We are happy to have made a strategic investment in acquiring Akorn India. We would leverage BE’s and Akorn India’s capabilities to enhance our supply capacities both in Vaccines and in Generic Injectables. The timing of this acquisition is fortuitous as it will immediately allow us to expand our capacity to manufacture our investigational Covid-19 vaccine. With these capacities, we would be in a position to offer over 1bn doses per annum,” Mahima Datla, Biological E. Managing Director.
Principals
Show Details & Financials
Search a database of more than 250,000 verified dealmakers
Receive automated updates on global transactions
Follow the activity, relationships and transactions of top dealmakers
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.