ET was the first to report in July last year that global and domestic PE funds were in initial discussions to purchase a minority stake in the drugmaker, whose portfolio includes Covid-19 drugs remdesivir, favipiravir, molnupiravir and baricitinib in India. It is also the exclusive manufacturing partner of Cipla for remdesivir.
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» Multiples Alternate buys into BDR Pharma, invests Rs 750 cr
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