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Bafna Pharmaceuticals to raise funds from various routes

27 Nov 2013 Evaluate

Bafna Pharmaceuticals is looking to raise funds from various routes and is also in early stages of negotiations. Separately, the US-based generic drug maker Mylan Inc and two Indian pharma companies are reportedly in the race to acquire this Chennai-based Company.

Bafna Pharmaceutical is a Chennai-based Pharma company engaged in the manufacturing of pharmaceutical formulations of Betalactum and Non-Betalactum. The company has 173 products registered in UK, Sri Lanka, Nepal, Ukraine, Ghana, Ethiopia, Philippines, Kryghistan, Georgia, Honduras, Colombia, Uzbekhistan, Vietnam and Nigeria.

Peers
Company Name CMP
Sun Pharma. Inds. 1850.25
Dr. Reddys Labs. 1200.45
Cipla 1403.85
Lupin 2087.80
Zydus Lifesciences 1192.80
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