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Mankind Pharma to acquire Bharat Serums and Vaccines for Rs 13,630 crore
The company has entered into a definitive agreement to acquire a 100 per cent stake in the Bharat Serums and Vaccines (BSV) for an enterprise value of around Rs 13,630 crore, Mankind Pharma said in a statement.
![Mankind Pharma to acquire Bharat Serums and Vaccines for Rs 13,630 crore Mankind Pharma to acquire Bharat Serums and Vaccines for Rs 13,630 crore](https://dtnext-prod.s3.ap-south-1.amazonaws.com/h-upload/2024/07/25/750x450_835495-untitled.webp)
Mankind Pharma
NEW DELHI: Mankind Pharma on Thursday said it will fully acquire Bharat Serums and Vaccines from Advent International for around Rs 13,630 crore.
The company has entered into a definitive agreement to acquire a 100 per cent stake in the Bharat Serums and Vaccines (BSV) for an enterprise value of around Rs 13,630 crore, Mankind Pharma said in a statement.
This strategic move marks a significant leap for the drug maker, positioning it as a leader in the Indian women's health and fertility drug market, alongside access to other high entry barrier products in critical care with established complex R&D tech platforms, it added.
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