{"id":18437,"date":"2016-12-02T13:56:24","date_gmt":"2016-12-02T13:56:24","guid":{"rendered":"https:\/\/www.edristi.in\/?p=18437"},"modified":"2016-12-03T11:24:07","modified_gmt":"2016-12-03T11:24:07","slug":"acquisition-jsc-biosintez","status":"publish","type":"post","link":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/acquisition-jsc-biosintez\/","title":{"rendered":"Acquisition of JSC Biosintez"},"content":{"rendered":"<p style=\"text-align: justify;\"><strong>Question: Recently which of the following company has entered into an agreement to acquire Russian pharma company JSC Biosintez for $24 million?<\/strong><br \/>\na) Ranbaxy India Ltd<br \/>\nb) Cadila Pharmaceutical Ltd<br \/>\nc) Cipla Ltd.<br \/>\nd) Sun Pharmaceutical Industries Ltd.<br \/>\n<strong>Ans: (d)<br \/>\nRelated facts:<\/strong><\/p>\n<ul style=\"text-align: justify;\">\n<li>On 23 November 2016 Sun Pharmaceutical Industries Ltd has entered into an agreement to acquire Russian pharma company JSC Biosintez for $24 million.<\/li>\n<li>Sun Pharma picked up 85.1% of the company for US$ 24 million and also the debt of approximately US$ 36 million as part of the transaction.<\/li>\n<li>Biosintez is a Russian pharmaceutical company focusing on the hospital segment with annual revenues of approximately US$ 52 million for 2015 .<\/li>\n<li>Sun Pharmaceutical Industries Limited is an Indian multinational pharmaceutical company headquartered in Mumbai, Maharashtra.<\/li>\n<li>It manufactures and sells pharmaceutical formulations and active pharmaceutical ingredients (APIs) primarily in India and the United States.<\/li>\n<li>It is the 5th largest specialty generic company globally.<\/li>\n<\/ul>\n<p style=\"text-align: justify;\"><strong>Reference:<\/strong><br \/>\n<a href=\"http:\/\/www.sunpharma.com\/media\/press-releases\" target=\"_blank\">http:\/\/www.sunpharma.com\/media\/press-releases<\/a><br \/>\n<a href=\"http:\/\/www.business-standard.com\/article\/companies\/sun-pharma-acquires-russian-company-for-60-million-116112300199_1.html\" target=\"_blank\">http:\/\/www.business-standard.com\/article\/companies\/sun-pharma-acquires-russian-company-for-60-million-116112300199_1.html<\/a><br \/>\n<a href=\"http:\/\/economictimes.indiatimes.com\/industry\/healthcare\/biotech\/pharmaceuticals\/60-million-deal-sun-pharma-to-acquire-russian-company-jsc-biosintez\/articleshow\/55576458.cms\" target=\"_blank\">http:\/\/economictimes.indiatimes.com\/industry\/healthcare\/biotech\/pharmaceuticals\/60-million-deal-sun-pharma-to-acquire-russian-company-jsc-biosintez\/articleshow\/55576458.cms<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Question: Recently which of the following company has entered into an agreement to acquire Russian pharma company JSC Biosintez for $24 million? a) Ranbaxy India Ltd b) Cadila Pharmaceutical Ltd c) Cipla Ltd. d) Sun Pharmaceutical Industries Ltd. Ans: (d) Related facts: On 23 November 2016 Sun Pharmaceutical Industries Ltd has entered into an agreement [&hellip;]<\/p>\n","protected":false},"author":9,"featured_media":18316,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1135],"tags":[],"class_list":["post-18437","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ao"],"_links":{"self":[{"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/posts\/18437","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/comments?post=18437"}],"version-history":[{"count":0,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/posts\/18437\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/media\/18316"}],"wp:attachment":[{"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/media?parent=18437"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/categories?post=18437"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/tags?post=18437"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}