Headquartered in Pittsburg, Pennsylvania, Viatris, a global healthcare company, announced it has finalized two deals in India to divest its API and its women’s healthcare businesses for a combined consideration of around $1.2 billion. Viatris will divest its API business in India to Iquest Enterprises, a privately held pharmaceutical company,...
India's Team Indus to Design Equipment for NASA's Moon Lander
NASA is following up its Apollo mission to the Moon with its new mission Artemis in 2024, and has selected three commercial Moon landing service providers that will deliver science and technology payloads under Commercial Lunar Payload Services as part of the Artemis program. The three consortia that will design...
India's Lambda Therapeutic to Acquire Novum Pharmaceutical of Pittsburgh
Ahmedabad, India-based Lambda Therapeutic Research Limited will acquire Pittsburgh, PA-based Novum Pharmaceutical Research Services for an undisclosed amount. Following the transaction, Novum will continue to operate as a wholly-owned subsidiary of Lambda. Tausif Monif, president of global operations at Lambda, said that the company aims to broaden the scope of...