USV Primes German Base With Juta Acquisition

29 Mar 2018

• By Anju Ghangurde and Aidan Fry

USV is building on its play in Europe with the acquisition of Juta Pharma in Germany – a market that has been fostering generics alongside supporting innovative medicines.

India/Germany — USV EXPECTS ACQUISITION IN GERMANY TO PROPEL GROWTH • Source: Shutterstock

The Indian firm [USV Ltd.] has acquired Germany’s Juta Pharma GmbH, catapulting it into Europe’s largest pharma market which has witnessed a strong uptake of generics.

The privately-owned USV expects the deal to provide it with a faster launchpad for a basket of products and facilitate...