Slayback Garners $50m Investment From Everstone

Backing For Complex Generics Firm Follows KKR’s $60m In 2016

Slayback Pharma and the Everstone Group have struck a deal that will see Everstone invest up to $50m in the US-based complex generics specialist.

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Everstone has agreed to invest up to $50m in Slayback • Source: Shutterstock

Complex generics specialist Slayback Pharma has announced a deal with private equity firm the Everstone Group that will see Everstone invest “up to $50m in Series B funding” in the New Jersey-based company.

As part of the deal, Everstone managing directors Arjun Oberoi and Puncham Mukim will join Slayback’s board of directors.

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