Cipla BioTec hires banker for biggest PE fundraise in biosimilar space

By Ranjani Raghavan

  • 23 Sep 2016
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Cipla BioTec

Cipla BioTec Pvt Ltd, the bio-similar firm incubated by pharmaceuticals giant Cipla Ltd to develop anti-cancer drugs, has initiated the process for a large private equity funding, a top company executive told VCCircle.The privately held firm has hired investment banker Rothschild to raise $100 million (Rs 665 crore), said Chandru ......

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