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Cadila Healthcare’s arm enters into definitive agreement to acquire Actibile from Albert David

29 Mar 2016 Evaluate

Cadila Healthcare’s wholly owned subsidiary -- Zydus Healthcare has entered into a definitive agreement to acquire Actibile from Albert David. The brand falls in the gastroenterology segment and is used for dissolving gall bladder stones. The deal will be financed through internal accruals.

Zydus Cadila is an innovative, global pharmaceutical company that discovers, develops, manufactures and markets a broad range of healthcare therapies. It is the only Indian pharma company to launch its own patented NCE - Lipaglyn, the world’s first drug to be approved for the treatment of diabetic dyslipidemia.

Peers
Company Name CMP
Sun Pharma. Inds. 1840.00
Dr. Reddys Labs. 1222.50
Cipla 1388.90
Lupin 2061.85
Zydus Lifesciences 1212.00
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