Tag: Achira Labs

Cipla acquires 21.05% stake in Achira Labs to develop affordable, innovative medical kits in India

Pharma major Cipla Limited announced that it has signed definitive agreements for acquisition of 21.05% stake for an amount of INR 25 crores (approx.) in Achira Labs Private Limited (Achira) engaged in development and commercialization of point of care (PoC) medical test kits in India. This investment will facilitate a Cipla entity’s strategic participation in…