Ipca Takes Full Ownership Of Bayshore

Strikes Deal To Acquire Remaining 20% Holding In US Generics Firm

Ipca has struck a deal to take full ownership of US firm Bayshore Pharmaceuticals by acquiring the remaining 20% stake that it did not already own.

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Ipca has acquired the remaining 20% stake in Bayshore • Source: Alamy

Indian active pharmaceutical ingredient and formulations firm Ipca Laboratories has struck a deal to take full ownership of US generics player Bayshore Pharmaceuticals by acquiring the remaining 20% stake in Bayshore that it does not already own for $1.2m in cash.

“With this acquisition, Bayshore is now wholly owned by Ipca Pharmaceuticals Inc, a wholly-owned subsidiary of the company,” the firm...

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