Tag: Torrent Pharma

Torrent Pharmaceuticals is said to have shown interest in fellow drug maker Cipla, where reports, till date, have suggested that private equity players were keen on buying out the promoter family’s stake. While Torrent Pharma and Cipla have not commented on the latest reports, industry insiders said this would be the first play for Cipla promoters’ stake by an industry peer. And if it does indeed go through, it would change the dynamics of the domestic pharmaceutical industry. Domestic acquisitions Torrent Pharma is no stranger to domestic acquisitions and has,...