USV to acquire a 79% stake in Wellbeing Nutrition for INR16.2bn.

USV, a pharmaceutial company, agreed to acquire a 79% stake in Wellbeing Nutrition, a provider of supplements and other wellness products, for INR16.2bn. USV has a six-decade presence in the Indian pharmaceutical market and is a leader in oral anti-diabetic and cardiovascular therapies, with brands such as Glycomet GP, Ecosprin and Roseday. The company is also the exclusive partner for Sebamed in India. With this acquisition, USV is expanding its portfolio beyond prescription medicines into preventive and lifestyle-focused wellness.