Mankind Pharma buys majority stake in Upakarma Ayurveda
Mankind Pharma acquired the ayurvedic solutions firm through one of its subsidiaries.
New Delhi: Mankind Pharma has recently acquired a majority stake in Upakarma Ayurveda, engaged in developing, manufacturing, and selling ayurvedic and herbal products for an undisclosed amount. The company's decision to invest will empower Upakarma Ayurveda to develop a wider range of products and offerings, the drug firm said in a statement.
Mankind Pharma is a pharmaceutical company in India headquartered in New Delhi, India.
In the domestic pharmaceuticals business, the company's product portfolio comprises a broad range of formulations across various acute and chronic therapeutic areas, including anti-infectives, cardiovascular, gastrointestinal, anti-diabetic, neuro/CNS, vitamins/minerals/nutrients, and respiratory.
In the consumer healthcare business, the company has established several differentiated brands in the condoms, pregnancy detection, oral contraceptives, antacid powders, vitamin and mineral supplements, and anti-acne preparations categories.
