Torrent Pharma is acquiring the domestic business of Unichem Laboratories for Rs 3,600 crore in a deal that will make the Ahmedabad-based company among the country’s top five drugmakers, reported ET..Khaitan & Co acted for Torrent Pharma and the team was led by Partner Bhavik Narsana along with the Senior Associate Minhaz Lokhandwala and Associate Shreya Mukherjee..Counsel Shailendra Bhandare advised on the intellectual property rights related aspects..Desai & Diwanji advised Unichem Laboratories with a team led by Partner Apurva Diwanji along with Senior Associate Farida Dholkawala and Associates Shireen Langrana and Sameer Patel..The deal will also give Torrent access to 120 brands of Unichem in India and Nepal besides a manufacturing unit in Sikkim.
Torrent Pharma is acquiring the domestic business of Unichem Laboratories for Rs 3,600 crore in a deal that will make the Ahmedabad-based company among the country’s top five drugmakers, reported ET..Khaitan & Co acted for Torrent Pharma and the team was led by Partner Bhavik Narsana along with the Senior Associate Minhaz Lokhandwala and Associate Shreya Mukherjee..Counsel Shailendra Bhandare advised on the intellectual property rights related aspects..Desai & Diwanji advised Unichem Laboratories with a team led by Partner Apurva Diwanji along with Senior Associate Farida Dholkawala and Associates Shireen Langrana and Sameer Patel..The deal will also give Torrent access to 120 brands of Unichem in India and Nepal besides a manufacturing unit in Sikkim.