Maiva Pharma raises  ₹1,000 crore to set up new manufacturing unit
Thu, May 2, 2024 4:35 PM

Maiva Pharma raises ₹1,000 crore to set up new manufacturing unit

A Flip by Avya Verma
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Maiva Pharma, a Bengaluru-based injectables manufacturer, has secured ₹1,000 crore in a mix of primary and secondary funding from a fund managed by Morgan Stanley Private Equity Asia and India Life Sciences Fund-IV, led by InvAscent, to set up a new manufacturing plant near Hosur, Tamil Nadu.The fund has acquired a controlling stake with the capital infusion,.

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