IQuest Enterprises to acquire active pharma ingredient business of Viatris
Source: Business Standard The investment firm has entered into a definitive agreement to acquire the API operations of global pharmaceutical major Viatris in India, IQuest Enterprises said in a statement on Monday Multi-sector investment firm IQuest Enterprises will acquire the active pharmaceutical ingredients (API) business of Viatris in India for an undisclosed amount. The investment […]
Indian pharma exports to Iran decline thanks to its lower rupee reserves
Source: Business Standard India’s pharmaceutical exports to Iran have been affected due to depleting rupee reserves in the West Asian country. This is a result of India ceasing its crude oil imports from Iran in mid-2019, following US sanctions on Tehran. The geopolitical shifts have impacted India’s pharmaceutical exports to Iran, which fell by 71.25 […]