Torrent Pharma

Torrent Pharma to acquire Glochem's Vizag-based API unit

The company has entered a binding agreement to acquire the Vizag API manufacturing unit of Glochem Industries along with a few drug master files as a going concern on slump sale basis

Elder Pharma soaring in trade on buzz that Torrent Pharma may buy India biz

If Torrent wins the bid, it would help the company build a strong portfolio of multi vitamin and nutrition products - a space where a it is lagging as compared to some other big pharma players.

Torrent Pharma buys Elder's domestic formulation biz for Rs 2004 cr

Shares of Elder Pharma rose 7% to Rs 349 on BSE after the company said it has entered into business transfer agreement (BTA) for the sale of domestic formulation business to Torrent Pharmaceuticals for Rs 2,004 crore on slump sale basis.<br /><br />