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PE firm ChrysCapital invests $40 million in Torrent Pharma

03 Apr 2014 Evaluate

Private equity firm ChrysCapital has invested around $40 million in drug company Torrent Pharma in order to expand its portfolio of healthcare companies. The PE firm has also increased its total exposure in the sector to nearly $300 million.

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

Peers
Company Name CMP
Sun Pharma. Inds. 1835.50
Dr. Reddys Labs. 1171.10
Cipla 1371.45
Lupin 2144.70
Zydus Lifesciences 1153.00
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