Indian Development News 🇮🇳
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Indian Development News 🇮🇳
Sun Pharma set to acquire US-based Organon in India's biggest Pharma cross-border M&A deal. #Medicine
Gujarat Themis Biosyn (GTBL) will acquire Japanese CDMO MicroBiopharm Japan for ₹1,300 cr via debt + equity, using a Japan SPV.

MBJ has 3 facilities, FY26 revenue ~₹570 cr, and expertise in microbial fermentation, biologics, ADCs, plasmids, and oncology APIs.

This follows GTBL’s ₹1,700 cr buy of Sanofi’s anti-infectives/TB portfolio last month. In Q3 FY26, GTBL posted ₹43.4 cr revenue, ₹12.5 cr profit. #Medicine #Biopharam
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Indian Development News 🇮🇳
Gujarat Themis Biosyn (GTBL) will acquire Japanese CDMO MicroBiopharm Japan for ₹1,300 cr via debt + equity, using a Japan SPV. MBJ has 3 facilities, FY26 revenue ~₹570 cr, and expertise in microbial fermentation, biologics, ADCs, plasmids, and oncology…
Gujarat Themis Biosyn Limited completed the 100% acquisition of MicroBiopharm Japan for JPY 21.5 billion, gaining advanced capabilities in oncology APIs, plasmid DNA, peptides, advanced biologics, and antibody-drug conjugate (ADC) conjugation. #Medicine #BioPharam
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