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Torrent Pharma acquires troubled JB Chem, a move that could reshape the Indian pharmaceutical landscape.
Indian pharma giant Torrent Pharma is acquiring JB Chem, a move that could strengthen Torrent's position in the market.
JB Chem, known for its various drug acquisitions and facing scrutiny over a contaminated heartburn drug, will cease operations in its current form.
The deal comes amid fluctuations in the Indian pharmaceutical sector’s stock performance, with some companies seeing gains and others declines.
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Torrent Pharma adquiere el problemático JB Chem, una medida que podría remodelar el panorama farmacéutico indio.