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Morton Grove Pharmaceuticals

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Wockhardt buys US-based Morton Grove

Pharmaceutical major Wockhardt Ltdsaid on Wednesday it has acquired Morton Grove Pharmaceuticals, a liquid generic and specialty dermatology company in the US with sales revenue of $52 million.The......

Exits force Wockhardt to rejig top team

Beleaguered drugmaker Wockhardt has a new management team in place to implement a three-year strategic plan to get back on track. The company has seen at least four senior-level exits in the last......

Roles reverse in pharma M&As

Early this month, US-based Perrigo, one of the largest over the counter (OTC) pharmaceutical producers in the world, acquired an 85 per cent stake in Mumbai-based Vedants Drugs and Fine Chemicals.......

Why Wockhardt sold 10 key properties

The sale of 10 key properties will overnight turn Habil Khorakiwala-promoted Wockhardt Hospitals from being among the top four healthcare chains in India to a minnow. But it will also give the......

Wockhardt sells animal health biz

Pharmaceutical major Wockhardt, which is trying to repay its debts of over Rs 3,400 crore (Rs 34 billion), announced on Sunday it had signed an agreement to divest its animal health division to......

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