US-based PerkinElmer will acquire in vitro diagnostics company Tulip Diagnostics for an undisclosed amount..J. Sagar Associates acted for Tulip Group through a team led by Partner Sidharrth Shankar, along with Senior Associates Prakriti Jaiswal, Bharat Bhushan Sharma and Shantanu Jindel, and Associates CV Srikant and Sanjeevi Seshadri..Wadia Ghandy represented PerkinElmer on the deal..VCCircle reports that India’s diagnostic services market is projected to grow at 27.5% annually to reach Rs 86,000 crore by 2020, according to a May 2016 report by Ireland-based consultancy Research and Markets.
US-based PerkinElmer will acquire in vitro diagnostics company Tulip Diagnostics for an undisclosed amount..J. Sagar Associates acted for Tulip Group through a team led by Partner Sidharrth Shankar, along with Senior Associates Prakriti Jaiswal, Bharat Bhushan Sharma and Shantanu Jindel, and Associates CV Srikant and Sanjeevi Seshadri..Wadia Ghandy represented PerkinElmer on the deal..VCCircle reports that India’s diagnostic services market is projected to grow at 27.5% annually to reach Rs 86,000 crore by 2020, according to a May 2016 report by Ireland-based consultancy Research and Markets.