Essayer OR - Gratuit
Pharma deals soaring, but top drugmakers hold back
Mint New Delhi
|October 09, 2025
Dealmaking in India’s pharma sector has surged over the past two years as companies seek to beef up their portfolios and reduce reliance on the US market.
Yet, some of the largest drugmakers with billions in cash are holding back.
Sun Pharmaceutical Industries Ltd, Cipla Ltd and Dr Reddy's Laboratories Ltd that have a strong US focus are striking fewer acquisitions and partnerships as they look for new markets, according to industry experts. On the other hand, pharma companies with a strong India focus have ramped up their dealmaking.
In July, Torrent Pharmaceuticals Ltd acquired a 46.39% in Mumbai-based JB Chemicals and Pharmaceuticals Ltd for %11,917 crore. In October last year, Mankind Pharma Ltd bought Bengaluru-based Bharat Serums and Vaccines Ltd for 213,768 crore.
Sun Pharma, Cipla, and Dr Reddy's—which derive 30-45% of their revenue from selling mostly copycat or generic drugs to the US—are employing a more measured approach even as they sit on large piles of cash. Torrent and Mankind earn 51-55% of their business from India.
Cette histoire est tirée de l'édition October 09, 2025 de Mint New Delhi.
Abonnez-vous à Magzter GOLD pour accéder à des milliers d'histoires premium sélectionnées et à plus de 9 000 magazines et journaux.
Déjà abonné ? Se connecter
PLUS D'HISTOIRES DE Mint New Delhi
Mint New Delhi
CANADA'S STARTUP VISA: PUTTING LIVES ON HOLD
Legal uncertainty has left entrepreneurs stuck despite building businesses and putting down roots
8 mins
November 28, 2025
Mint New Delhi
Gupta pilfered from fraud, Trafigura says
Commodity trader Trafigura's lawyers accused Indian businessman Prateek Gupta on Thursday of siphoning off funds from an alleged $600 million metals fraud to prop up his struggling business empire.
1 min
November 28, 2025
Mint New Delhi
Why TCS is walking a tightrope
Tata Consultancy Services Ltd recently outlined an ambitious multiyear $6-7 billion investment plan to build artificial intelligence (AI)-focused data centres and is already making progress in that area.
2 mins
November 28, 2025
Mint New Delhi
Can a dictionary make sustainability simpler?
A new guide aims to bring clarity to sustainability in fashion but it has to be available to everyone, from designers to customers
3 mins
November 28, 2025
Mint New Delhi
Of Marathi plays, picnic in the park
A Mint guide to what's happening in and around your city
1 min
November 28, 2025
Mint New Delhi
Beyond the stock slump—Kaynes’ $1 bn aim is just the start
Shares of Kaynes Technology India Ltd have fallen about 25% from their peak of ₹7,705 in October, amid a management reshuffle and the expiry of the lock-in period for pre-IPO shareholders.
1 mins
November 28, 2025
Mint New Delhi
Avaada to invest ₹1 trillion in 5 years
Renewables-focused Avaada Group is aiming to invest ₹1 trillion across the country over the next five years as part of its expansion into both power generation and associated businesses.
1 min
November 28, 2025
Mint New Delhi
VentureSoul closes first debt fund at ₹300 crore
VentureSoul Partners has announced the close of its maiden debt fund at ₹300 crore, with plans to raise an additional ₹300 crore through a green shoe option by February 2026.
1 min
November 28, 2025
Mint New Delhi
New MF distributor incentives introduced
Mutual fund distributors will now earn additional incentives for bringing in first-time investors from B-30 (beyond the top 30) cities and for onboarding new women investors from any city, under Securities and Exchange Board of India's (Sebi) revised incentive framework.
1 min
November 28, 2025
Mint New Delhi
Catamaran to boost manufacturing bets
Catamaran is focused on a few areas in manufacturing, such as aerospace
2 mins
November 28, 2025
Listen
Translate
Change font size

