British consumer goods maker Reckitt Benckiser, the world's largest condom manufacturer, is shifting its strategy in India to focus on women and rural consumers for its Durex brand. This change comes as India surpasses China as the most populous nation, despite low contraceptive use. The Indian government estimates only 10%...
Mankind Pharma Acquires Bharat Serums for $1.63 Billion
New Delhi-based Mankind Pharma, known for products such as Manforce, AcneStar, HealthOK among others, announced its acquisition of Bharat Serums and Vaccines Ltd based in Mumbai. The deal is valued at approximately $1.63 billion, (including debt). This move will grant Mankind access to Bharat Serums' portfolio, particularly in women's health...