Announced
Financials
Sources
Tags
Pending
Friendly
Single Bidder
Acquisition
Domestic
India
active pharmaceutical ingredients
Pharmaceuticals
Private
Majority
Synopsis
IQuest Enterprises, a privately held pharmaceutical company, agreed to acquire active pharmaceutical ingredients business from Viatris, a global healthcare company. Financial terms were not disclosed. "We are excited about our largest investment in the pharmaceutical sector till date. Our investment comes at an opportune time when India is drawing significant attention amongst the global pharma industry. It is also a happy homecoming, in more ways than one, for some of us who have been part of the journey over the last two decades," Gunupati Swathi Reddy, IQuest Enterprises Executive Director.
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