India’s Ascent invests in women’s pharma producer
Indian private equity firm Ascent Capital has invested INR1.25 billion ($17.5 million) in Naari Pharma, a women's health pharmaceutical business focused on hormonal generics.
Founded in 2016, Naari Pharma, formerly Indo Phyto Chemicals, is majority owned by Tenshi Life Sciences (TLS), a pharmaceutical holding company controlled by Arun Kumar, the chairman of Strides Pharma....
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