Hospira Inc. / Orchid Chemicals & Pharmaceuticals Ltd. (API and R&D facilities)
2012 · Asset Purchase · $200M · Complete
Announcement Sentiment
83
Strongly positive
Hospira acquired Orchid's beta-lactam API manufacturing facility (Aurangabad, ~665 employees) and Chennai R&D site (~110 scientists) for ~$200M. Vertical integration into beta-lactam injectable antibiotics. Orchid retained cephalosporin API business and continued supply.