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Ascent Capital Advisors India picks minority stake in Shasun Pharmaceuticals’ JV

16 Apr 2014 Evaluate

Ascent Capital Advisors India, a private equity investor has taken a minority stake in Alivira Animal Health, a joint venture (JV) between Shasun Pharmaceuticals and Sequent Scientific. Alivira Animal Health is engaged in developing, manufacturing and sale of veterinary products inclusive of both API (Active Pharmaceuticals Ingredients) and Formulations in the global market.

Shasun Pharmaceuticals manufactures active pharmaceutical ingredients (APIs), their intermediates and enteric coating excipients with a significant presence in some key generics. Shasun has created a strong product portfolio, building on its R&D Expertise, regulatory capabilities and multi scale production capacities. It is one of the largest producers of Ibuprofen worldwide.

Peers
Company Name CMP
Sun Pharma Inds. 1675.20
Dr. Reddys Lab 1235.40
Cipla 1238.30
Zydus Lifesciences 942.55
Lupin 2324.25
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