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Alkem Medtech to buy 55% of Swiss cardiac device firm Occlutech for €180.7M, pending 2026 approvals.
Alkem Medtech plans to acquire a 55% stake in Swiss cardiovascular device maker Occlutech for €180.7 million, pending regulatory approvals by June 2026, marking its entry into advanced cardiac implants.
The deal aims to expand Alkem’s presence in the U.S., Europe, Japan, and Germany, where Occlutech generated 85% of its €49.4 million 2025 revenue.
Alkem reported a 1.6% to 1.9% rise in net profit to ₹636 crore to ₹653 crore for the third quarter of 2025–2026, with revenue up 10.7% to ₹3,736 crore, driven by strong international sales.
The acquisition is seen as a strategic move to grow its medtech portfolio, complementing its biotech arm.
Alkem Medtech comprará el 55% de la empresa suiza de dispositivos cardíacos Occlutech por 180,7 millones de euros, a la espera de las aprobaciones en 2026.