 "Zydus Cadila open for buyouts in the US")
Zydus' acquisition trail:
1995- Acquired Indo Pharma Pharmaceutical Works Ltd. Indo Pharma (later re-named as Indon) was a 56-year-old company.
2000- Acquired Recon Healthcare. This strategic move boosted the group's strengths in the southern markets of India.
2001- Acquired German Remedies Ltd. With this, Zydus gained leadership in the women's healthcare, respiratory and oncology segments.
Also Read
2001- Acquired Aten. This helped Zydus Cadila to reach the top slot in the cardiovascular segment
2002- Acquired Banyan Chemicals, a company with and USFDA approved API plant
2003- Acquired Alpharma France SAS. This was the first overseas acquisition of the group
2006 - Acquired Carnation Nutra-Analogue Foods Ltd, which manufactures Nutralite - India's largest selling premium margarine.
2007- Acquired Liva Healthcare. This enabled the group to make a strategic foray in the Rs 1,500-crore derma market.
2007- Acquired Quimica e Farmaceutica Nikkho do Brasil Ltda. (Nikkho).
2007- Zydus Cadila entered into a share purchase agreement with Ambalal Sarabhai Enterprises to acquire the remaining 50% holding in the joint venture company, Sarabhai Zydus Animal Health Ltd., making it a 100% subsidiary company of the group.
2008- Acquired Laboratorios Combix, Spain, Simayla Pharmaceuticals of South Africa and Etna Biotech of Italy
2009- Acquired remaining 30% shareholding of Simayla Pharmaceuticals, South Africa making it a 100% subsidiary of the group
2011- Zydus Pharmaceuticals USA Inc., through its subsidiary Zynesher Pharmaceuticals USA LLC entered into an agreement to acquire the assets of the US-based pharmaceutical company Nesher Pharmaceuticals Inc.
2011- Cadila Healthcare Ltd., through its 100% subsidiary Zydus Animal Health Limited (AHL) signed a Share Purchase Agreement with ICICI Venture, to acquire 100% shareholding of Finest Procuring Solutions Limited, which in turn holds 100% shareholding of Bremer Pharma GmbH, of Germany
2011- Acquired 100% stake in Biochem, one of the top 40 pharma companies in India
2016- Expanded the animal health business with the acquisition of the manufacturing operations and select brands of Zoetis, a global animal health company
2016 - Acquired the brand, Actibile from Albert David Limited, strengthening its presence in the gastro segment
One subscription. Two world-class reads.
Already subscribed? Log in
Subscribe to read the full story →*Subscribe to Business Standard digital and get complimentary access to The New York Times
Smart Quarterly
₹900
3 Months
₹300/Month
SAVE 25%
Smart Essential
₹2,700
1 Year
₹225/Month
SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months
Super Saver
₹3,900
2 Years
₹162/Month
Subscribe
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
SAVE 25%