Ipca Pharmaceuticals Inc., USA, the wholly owned subsidiary of Mumbai-based pharmaceutical company Ipca Laboratories acquired an 80 percent stake in New Jersey-based Bayshore Pharmaceuticals LLC for $10 million. The acquisition will enable the parent company to commercialize its registered generics drug products in the U.S. market. For the financial year...
India's Ipca Labs Acquires U.S.-based Pisgah Labs
Mumbai-based Ipca Laboratories announced the acquisition of a 100 percent share capital of Pisgah Labs Inc., a North Carolina corporation, by the company's wholly owned subsidiary Ipca Pharmaceutical Inc., U.S.A., and Onyx Scientific Ltd., U.K. (Ipca Labs' wholly-owned step-down subsidiary) for $9.65 million, free of debt. Since its incorporation in...