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Eris Lifesciences completes acquisition of 19% equity stake in Swiss Parenterals

12 Jun 2024 Evaluate

Eris Lifesciences has completed acquisition of 19% equity stake in Swiss Parenterals (Swiss) from the promoters of the company. Earlier, the company had acquired 51% equity stake in Swiss Parenterals. 

The acquisition of Swiss Parenterals will help company to strengthen India footprint through the launch of a domestic Injectables-focused Branded Formulations business. 

Eris Lifesciences develops, manufactures and commercializes branded pharmaceutical products in select therapeutic areas within the chronic and acute categories of the IPM, such as: cardiovascular; anti-diabetics; vitamins; gastroenterology; and anti-infectives.

Peers
Company Name CMP
Sun Pharma. Inds. 1753.70
Dr. Reddys Labs. 1346.00
Cipla 1367.00
Lupin 2008.25
Zydus Lifesciences 1236.30
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