Recipharm AB, a Swedish a pharmaceutical contract development and manufacturing organisation (CDMO) is acquiring Kemwell’s CDMO businesses in India, US and Sweden in a strategic deal worth $ 205 million (1360 crore)..Veritas Legal acted for Recipharm with a team led by Partner Nandish Vyas along with Associates, Natasha Sethna and Tejasvi Saxena..AZB & Partners acted for Kemwell and the team included Partners Srinath Dasari and Nanditha Gopal and Associates Bhuvana Veeraragavan and Gautam Suseel..While the acquisition price for Kemwell’s operations in the US and Sweden amounts to approximately $ 85 million, while Indian operations amounts to $ 120 million, reports Business Standard.
Recipharm AB, a Swedish a pharmaceutical contract development and manufacturing organisation (CDMO) is acquiring Kemwell’s CDMO businesses in India, US and Sweden in a strategic deal worth $ 205 million (1360 crore)..Veritas Legal acted for Recipharm with a team led by Partner Nandish Vyas along with Associates, Natasha Sethna and Tejasvi Saxena..AZB & Partners acted for Kemwell and the team included Partners Srinath Dasari and Nanditha Gopal and Associates Bhuvana Veeraragavan and Gautam Suseel..While the acquisition price for Kemwell’s operations in the US and Sweden amounts to approximately $ 85 million, while Indian operations amounts to $ 120 million, reports Business Standard.