M&A Deal Summary

Jubilant Pharmova Acquires DRAXIS Health

On April 4, 2008, Jubilant Pharmova acquired life science company DRAXIS Health for 226M USD

Acquisition Highlights
  • This is Jubilant Pharmova’s 2nd transaction in the Life Science sector.
  • This is Jubilant Pharmova’s largest (disclosed) transaction.
  • This is Jubilant Pharmova’s 1st transaction in Canada.
  • This is Jubilant Pharmova’s 1st transaction in Ontario.

M&A Deal Summary
Date 2008-04-04
Target DRAXIS Health
Sector Life Science
Buyer(s) Jubilant Pharmova
Deal Type Add-on Acquisition
Deal Value 226M USD

Target

DRAXIS Health

Mississauga, Ontario, Canada
DRAXIS Health Inc. offers contract manufacturing services for sterile and non-sterile products, and radiopharmaceuticals.

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Buyer(S) 1

Buyer

Jubilant Pharmova

Noida, India
Category Company
Founded 1978
Sector Life Science
Employees5,700
Revenue 66.4B INR (2024)
DESCRIPTION

Jubilant Pharmova is a manufacturing and research outsourcing services for the global pharmaceutical industry. Jubilant Pharmova was founded in 1978 and is based in Noida, India.

DEAL STATS #
Overall 2 of 4
Sector (Life Science) 2 of 3
Type (Add-on Acquisition) 2 of 3
State (Ontario) 1 of 1
Country (Canada) 1 of 1
Year (2008) 1 of 1
Size (of disclosed) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-04-24 Hollister-Stier Laboratories

Spokane, Washington, United States

Hollister-Stier Laboratories, LLC provides contract manufacturing services for commercial sterile and non-sterile drug products for pharmaceutical and biopharmaceutical industries globally.

Buy $123M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-11-15 Pace Marketing Specialities

Ghaziabad, India

Pace Marketing Specialities Ltd. provides manufacturing services for adhesives of consumer products.

Buy -
Mergr

Product

Company

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