Zydus Wellness
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Franchise India Bureau Feb 05 2019 - 1 min readZydus Wellness, a consumer healthcare firm, has completed its Rs 4,595 crore acquisition of Heinz India's consumer wellness business, including popular brands like Complan and Glucon D. On October 24 last year, the company had entered into a definitive agreement to acquire Heinz India's business comprising Complan, Glucon D, Nycil and Sampriti Ghee brands along ...
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Franchise India Bureau Dec 18 2018 - 1 min readZydus Wellness has launched a new variant Sugar Lite, expanding its product portfolio. The company already has a strong presence in the sugar substitute market. Tarun Arora, Chief Operating Officer and Director, Zydus Wellness, said, "Consumer wanted a sugar substitute but did not want to give up their habit of including sugar in their diet ...
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Franchise India Bureau Dec 07 2018 - 1 min readZydus Wellness announced on 6th December 2018 that they are planning to raise Rs 2,575 crore by issuing its shares on a preferential basis to fund the acquisition of Heinz India. According to an exchange filing, Zydus Wellness explained that they would be raising funds by allotting preference shares worth Rs 2,575 crore to Cadila ...
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Franchise India Bureau Nov 03 2018 - 0 min readZydus Wellness has recorded a 14.32% increase in consolidated net profit to Rs 41.41 crore for the quarter ended September 30, 2018. The company had posted a net profit of Rs 36.22 crore in the corresponding quarter a year ago. Consolidated revenue from operations of the company stood at Rs 138.21 crore for the reported ...
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Franchise India Bureau Jul 18 2018 - 1 min readDrug firm Zydus Cadila Tuesday said it has received final approval from the US health regulator to market Clindamycin Phosphate Topical Solution, used to treat acne. The company has received approval from the US Food and Drug Administration (USFDA) to market Clindamycin Phosphate Topical Solution USP (Cleocin T), 1 per cent, Zydus Cadila said in ...