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Aragen Life Eyes IPO as It Expands Global Footprint
August 29, 2025
|Mint Mumbai
A Likely Shift in the Global Pharma Supply Chain Away From China Has India's CRDMOs Eyeing a Larger Market Share
Goldman Sachs-backed Aragen Life Sciences Ltd is stepping up expansion across biologics and high-potency therapeutics while preparing for an eventual public listing, its top executive told Mint.
The Hyderabad-based contract research, development and manufacturing organization (CRDMO) raised $100 million from Quadria Capital in January 2025, valuing the company at roughly $1.4 billion (₹12,259 crore). The Avendus Future Leaders Fund and SBI Life Insurance also contributed ₹300 crore in a secondary stake purchase.
An initial public offering (IPO) will likely be the next step for the company, but only when the time is right, said CEO Manni Kantipudi.
هذه القصة من طبعة August 29, 2025 من Mint Mumbai.
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