Hotline: 1800 102 2007
Search Business Opportunities
Jan, 20 2018

Drugmaker Torrent Pharmaceuticals Acquires Bio-Pharm Inc.

Torrent Pharma is the flagship company of Ahmedabad-based Torrent Group.

Drugmaker Torrent Pharmaceuticals Ltd has acquired US-based generic pharmaceuticals company Bio-Pharm, Inc. for an undisclosed amount.

The acquisition will help Torrent Pharma diversify its dosage form, expand its presence in the US and will provide it with manufacturing and R&D capabilities in that country.

Established in 1992, Bio-Pharm, manufactures and develops oral solutions, suspensions and suppositories. Based in Levittown, Pennsylvania, the company has a 75,000 sq. ft. manufacturing facility registered by the US Food and Drug Administration.

Torrent Pharma is the flagship company of Ahmedabad-based Torrent Group, which also operates a power generation business, besides others.

Torrent Pharma has manufacturing plants at Indrad, Baddi, Sikkim, Dahej, Pithampur and Visakhapatnam.

The company’s consolidated income stood at Rs 6,080 crore and net profit was Rs 934 crore for the year through 31 March 2017.

Related opportunities
  • Casual dine Restaurants
    About us: The first Kenny Rogers restaurant was opened in coral..
    Locations looking for expansion New Delhi
    Establishment year 1991
    Franchising Launch Date 2017
    Investment size Rs. 50lac - 1 Cr.
    Space required 10000
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater South Delhi New Delhi
  • Tea and Coffee Chain
    About Us: Sippers is the brainchild of an IT professional turned..
    Locations looking for expansion Delhi
    Establishment year 2017
    Franchising Launch Date 2019
    Investment size Rs. 10lac - 20lac
    Space required 150
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
  • About Us: Big V Telecom is India's leading Business Telephony Service Provider,..
    Locations looking for expansion Maharashtra
    Establishment year 2009
    Franchising Launch Date 2010
    Investment size Rs. 5lac - 10lac
    Space required 100
    Franchise Outlets 50-100
    Franchise Type Unit, Multiunit
    Headquater Nagpur Maharashtra
  • Fine Dine Restaurants
    About Us: Virasat, as the name inspires a legacy works towards..
    Locations looking for expansion Rajasthan
    Establishment year 2006
    Franchising Launch Date 2006
    Investment size Rs. 2 Cr. - 5 Cr
    Space required 4000
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Jaipur Rajasthan
Insta-Subscribe to
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities