India’s Torrent Pharma Acquires PA-Based Bio-Pharm

Based in the Indian city of Ahmedabad, Gujarat, Torrent Pharmaceuticals Ltd., announced the acquisition of the generic pharmaceuticals and over-the-counter drug maker, Bio-Pharm, Inc. based in Levittown Pennsylvania.

Established in 1992 Bio-Pharm, Inc., has a proven track record in research and development and in the manufacturing of oral solutions, suspensions, and suppositories.

Medication

“This acquisition is an important step for increasing Torrent’s presence in the United States, is consistent with our strategy of dosage form diversification, and provides us with new capabilities including manufacturing and R&D presence in the US,” the company said. Torrent plans further investments to expand Bio-Pharm’s facilities and will increase the number of product filings from Bio-Pharm.

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Posted on by Gunjan Bagla
Gunjan Bagla
California-based management consultant Gunjan Bagla runs Amritt, a consulting firm helping American companies to succeed in India. Amritt is the trusted advisor for India market research, India business development, India market entry, Global Engineering, Global Technology Scouting, India R&D and Open Innovation. Gunjan is author of "Business in 21st Century India: How to Profit Today from Tomorrow’s Most Exciting Market" (Hachette Book Group, 2008), Amazon's top rated title on the subject. He has appeared as the India Expert on BBC Television, Bloomberg TV, Fox Cable Business and has been quoted in the New York Times, the Los Angeles Times, the Hollywood Reporter and Business Week for his expertise on India.

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