India's healthcare innovation market is poised for remarkable growth, with projections indicating it may double in value to reach $60 billion by the fiscal year 2028. This expansion is expected to be driven by a confluence of factors, including rising consumer demand, shifts in the global healthcare value chain, advancements...
Perfect Day Acquires India’s Sterling Biotech
Berkeley, California- headquartered food technology startup Perfect Day Inc., acquired Gujarat-based Sterling Biotech through the liquidation process, via an e-auction. Founded in 1985 the Indian company provides active pharmaceutical ingredients. It owns two manufacturing facilities - one in Gujarat and the other in Tamil Nadu. The facilities are outfitted for...