Boston, MA headquartered private equity firm Advent International completed its acquisition of a majority stake in India's Hyderabad-based Suven Pharmaceuticals, a contract research and manufacturing services (CRAMS) company. The company announced changes to Suven's board. which will now be led by Annaswamy Vaidheesh as Executive Chairman, V. Prasada Raju as...
Advent to Acquire Controlling Stake in Indian Biopharma Maker
Boston, MA headquartered global private equity investor Advent International will acquire a majority stake in Mumbai India-based Bharat Serums and Vaccines Limited. The acquisition is expected to close by the end of 2019. Bharat Serums is a biopharmaceuticals company focussed on women’s healthcare, assisted reproductive treatment, and critical care and...