June
Matrix Labs decides to acquire the Belgium-based $263-million pharma company Docpharma NV .
Torrent Pharma acquires Heumann Pharma GmbH & Co Generica KG, a generic drug company with the Pfizer group at a valuation of $50 mn.
October
Jubilant Organosys picks up 100 per cent stake in a US-based CRO, Target Research Sociates Inc, in a $33.5-mn cash deal.
Nicholas Piramal India acquires UK's Avecia Pharmaceuticals for a consideration of £9.5 mn.
November
Dr Reddy's Labs acquires Roche's API business at its manufacturing site in Cuernavaca, Mexico for $59 mn
Overseas Joint Ventures
February
Strides Arcolab acquires an additional stake of 12.5% at a cost of $6 mn in its JV, Strides Latina
July
Jubilant acquires 64% equity in the US-based generic pharmaceuticals company Trinity Labs Inc and its wholly-owned subsidiary Trigen Labs Inc for $12.25 mn
September
Nicholas Piramal India completes private placement of 7.5 lakh common shares at a price of Canadian $0.80 per share BioSyntech
October
Matrix Labs acquires 43 per cent holding in Explora Laboratories SA, based in Switzerland
November
Hikal enters into a JV by buying a minority stake in one of Sinochem Corporation's subsidiaries in China
