M&A Deal Summary

Therapiva Pvt. Acquires Dr. Reddy s Laboratories - API manufacturer

On October 15, 2018, Therapiva Pvt. acquired life science company Dr. Reddy s Laboratories - API manufacturer from Dr. Reddy s Laboratories

Acquisition Highlights
  • This is Therapiva Pvt.’s 1st transaction in the Life Science sector.
  • This is Therapiva Pvt.’s 1st transaction in India.

M&A Deal Summary

Date 2018-10-15
Target Dr. Reddy s Laboratories - API manufacturer
Sector Life Science
Buyer(s) Therapiva Pvt.
Sellers(s) Dr. Reddy s Laboratories
Deal Type Divestiture

Target

Dr. Reddy s Laboratories - API manufacturer

Hyderabad, India
Dr. Reddy's Laboratories - API manufacturer is a pharmaceutical manufacturing business unit located in Jeedimetla, Hyderabad

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Buyer(S) 1

Buyer

Therapiva Pvt.

Hyderabad, India

Category Company
Sector Life Science
DESCRIPTION

Therapiva Pvt. Ltd. has an API manufacturing facility in the city of Hyderabad focused on handling new, complex and hazardous reactions. Therapiva supplies NCEs, cGMP intermediates and KSMs to global innovators. It is equipped with flexible, versatile and advanced infrastructure, tailored to fit any complex chemistry molecules churning out of Innovator’s development pipelines.


DEAL STATS #
Overall 1 of 1
Sector: Life Science M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: India M&A 1 of 1
Year: 2018 M&A 1 of 1

Seller(S) 1

SELLER

Dr. Reddy s Laboratories

Hyderabad, India

Category Company
Founded 1984
Sector Medical Products
Employees27,811
Revenue 325.5B INR (2025)
DESCRIPTION

Dr. Reddy’s Laboratories is an integrated global pharmaceutical company, committed to providing affordable and innovative medicines for healthier lives. Through its three businesses - Pharmaceutical Services and Active Ingredients, Global Generics and Proprietary Products – Dr. Reddy’s offers a portfolio of products and services including APIs, custom pharmaceutical services, generics, biosimilars and differentiated formulations. Major therapeutic focus is on gastro-intestinal, cardiovascular, diabetology, oncology, pain management and anti-infective. Major markets include India, USA, Russia-CIS and Europe apart from other select geographies within Emerging Markets. Dr. Reddy's Laboratories was founded in 1984 and is based in Hyderabad, Telangana.


DEAL STATS #
Overall 1 of 4
Sector: Life Science M&A 1 of 1
Type: Divestiture M&A Deals 1 of 4
Country: India M&A 1 of 1
Year: 2018 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-08-19 Perlecan Pharma

Hyderabad, India

Perlecan Pharma 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. Perlecan Pharma was founded in 2005 and is based in Hyderabad, India.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-04-02 SERNIVO Spray

Malvern, Pennsylvania, United States

SERNIVO Spray is used to treat a type of skin condition (plaque psoriasis). Betamethasone reduces the swelling, itching, and redness that may occur with plaque psoriasis.

Sell -