Perlecan Pharma Pvt. was acquired by ICICI Venture on September 28, 2005

Life Science Company

Out of 60 sectors in the Mergr database, life science ranked 15 in number of deals in 2005. The largest life science acquisition in 2005 was Ivax - which was acquired by Teva Pharmaceutical Industries for $7.4B.

Join Mergr to view all 78 acquisitions of life science companies in 2005, including 17 acquisitions by private equity firms, and 61 by strategics.

Perlecan Pharma Pvt. Ltd.

Greenlands, Ameerpet,
Hyderabad, 500 016

Perlecan Pharma Private Limited is India's first integrated drug development company and is promoted by Dr. Reddy's Laboratories Limited (DRL) with equity capital commitment from ICICI Venture and other investors. The capital committed is to be used for funding R&D, clinical development and drug filing costs of 4 molecules. Perlecan Pharma has in-licensed 4 NCEs (New Chemical Entities) in the area of Cardiovascular and Metabolic disorders from DRL. The company's key objective is to advance the clinical development of NCE assets through Phase II and thereafter seek out-licensing, co-development or joint commercialization opportunities.

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