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Jubilant To Reorganize With Generics API Business On The Move

Follows Larger Separation Of Life Sciences Business In February

 
• By Dean Rudge

Jubilant Pharmova – formerly Jubilant Life Sciences – plans to separate and move the active pharmaceutical ingredient business currently in the hands of its generic pharmaceuticals subsidiary, taking eventual control of the business itself.

structuring
The planned reorganization would enable common management • Source: Alamy

Jubilant Pharmova’s board of directors has approved plans to separate the active pharmaceutical ingredients business of its generic pharmaceuticals subsidiary, Jubilant Generics Limited, and take control of it on a going concern basis.

The planned reorganization would enable common management and “presence across the value chain” for both generic and innovative APIs within...

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