Ipca Mulls Merger Of US Formulations Units

Unichem And Bayshore Could Be Combined Into A Single Entity Under Newly Unveiled Plan

23 Sep 2024

Ipca is considering merging its US generic formulations businesses Bayshore Pharmaceuticals and Unichem Pharmaceuticals USA into a single entity, according to newly-unveiled plans that will be considered by directors in a week’s time.

Disembodied hands putting together two jigsaw pieces — Ipca is considering a merger of Unichem and Bayshore • Source: Shutterstock

US generics players Bayshore Pharmaceuticals and Unichem Pharmaceuticals USA could soon be combined into a single US generic formulations player, under plans unveiled by Bayshore owner and Unichem majority shareholder Ipca Laboratories.

Ipca and Unichem both announced via BSE filings today that a meeting of the board of directors would be held...