Torrent Pharmaceuticals is reportedly in advanced discussion to acquire bulk drugs supplier Glochem Industries for about Rs 300 crore. Glochem is a medium-sized company that makes bulk drugs or active ingredients, which are used as raw material for medicines. The privately held company owns a few USFDA-approved sites in Hyderabad and Vizag where oral bulk actives are manufactured.
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.
| Company Name | CMP |
|---|---|
| Sun Pharma Inds. | 1675.20 |
| Dr. Reddys Lab | 1235.40 |
| Cipla | 1238.30 |
| Zydus Lifesciences | 942.55 |
| Lupin | 2324.25 |
| View more.. | |
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