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Torrent Pharma to acquire Encore's derma business

15 Apr 2015 Evaluate

Torrent Pharmaceuticals, is in talks to acquire the dermatology business of Mumbai-headquartered Encore group. The acquisition value of the dermatology business is around Rs 350 crore.

Torrent Pharmaceuticals is Flagship Company of the Torrent group, a leader in cardiovascular and central nervous system segments. It also has presence in gastro-intestinal, diabetology, anti-infective and pain management segments

Peers
Company Name CMP
Sun Pharma. Inds. 1778.25
Dr. Reddys Labs. 1350.20
Cipla 1380.00
Lupin 2009.00
Zydus Lifesciences 1244.00
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