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Carlyle to take 20% stake in Piramal Pharma
Premium

1 July 2020

Private-equity firm The Carlyle Group is taking a 20% stake in Piramal Pharma, which houses Piramal’s Consumer Products division, for around USD490 million. The investment will be used to “accelerate” Piramal Pharma’s organic and inorganic growth plans.

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Industry in brief | iNova, RB, Sun Genomics

1 July 2020

iNova Pharmaceuticals is seeking consumer healthcare innovations through iPitch 2020, Reckitt Benckiser (RB) is working with ResApp Health on a smartphone app, and personalised probiotics specialist Sun Genomics has raised funding of USD8.65 million.

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