Cadila Healthcare’s wholly-owned subsidiary -- Zydus Healthcare has entered into an agreement on September 20, 2021 with Integrace (Purchaser) to sell two brands viz. Mifegest and Cytolog. The said transaction is expected to be completed within 30 days from the date of execution of agreement, subject to customary approvals. Purchaser is a part of the portfolio companies of PE firm True North.
Cadila Healthcare is an India-based pharmaceutical company. The company's subsidiaries include Zydus Wellness, Liva Pharmaceuticals, Biochem Pharmaceutical Industries, Zydus Technologies, German Remedies, Dialforhealth India, Dialforhealth Unity and Dialforhealth Greencross, among others.
