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.
