/Tag: Cipla

Indian companies take off in EU

2018-08-01T12:04:35+00:00December 20th, 2017|2017/2018, December 2017, INDIA-EU, Year|

The civil aviation sector was at the heart of the bond between India and the European Union (EU) in recent weeks. India clears aviation MoU with Poland The Union Cabinet of India, chaired by the Prime Minister Narendra Modi, has given its approval for signing the memorandum of understanding (MoU) between India and Poland for the Promotion of Civil Aviation Cooperation. The MoU, which will be for a term of five years, will be signed on behalf of the two [...]

Indian pharma firm acquires UK’s Actavis to beat Brexit gloom

2018-09-27T13:17:50+00:00October 19th, 2016|2016, India-UK, October 2016, Year|

Beats Mylan, Novartis, Torrent, Aurobindo to the post. Promoter says hungry for more

Almost inarguably, October 5th 2016, a Wednesday was the biggest day in the life of 53 year old Binish Hasmukh Chudgar, the highly low profile vice chairman of Ahmedabad based Intas Pharmaceuticals. That day in central London, Intas snapped up Israeli generic drug maker Teva’s assets in UK and Ireland—Actavis UK Ltd and Actavis Ireland Ltd—in a record $ 764 million deal (Rs 5083 crore) out muscling bigger global rivals like Mylan and Novartis or domestic competition like Aurobindo pharma and Torrent Pharmaceuticals in a bidding process that lasted over 6 months.