Eris Lifesciences to acquire Oaknet Healthcare from Samara Capital for $85m.

Eris Lifesciences, a pharmaceutical company, agreed to acquire Oaknet Healthcare, one of the fastest growing pharmaceutical companies in India, from Samara Capital, a private equity firm in Mumbai, for $85m. "As Oaknet becomes part of the Eris Group, it provides us with a robust growth platform in the areas of dermatology and cosmetology," Amit Bakshi, Eris Lifesciences Chairman and Managing Director.