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Warburg Pincus invests $92mn in the Indian maker of APIs.
November 17, 2014
By: Tim Wright
Editor-in-Chief, Contract Pharma
Laurus Labs Private Limited, a Visakhapatnam, India-based developer and manufacturer of active pharmaceutical ingredients (APIs), recently announced that an affiliate of Warburg Pincus, a global private equity firm, has acquired a minority stake in the company by investing approximately $92 million. Warburg Pincus joins Fidelity Growth Partners India (FGPI) and Boston-based Fidelity Biosciences, who led an earlier round of investment in 2012, as an investor in the company. Laurus is a manufactu...
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