ADD ANI AS A TRUSTED SOURCE
googleads
Menu
Business

Sudarshan Pharma Eyes Global Growth with Proposed 9.5% Stake in US-Based MedTherapy Biotechnology

Mumbai (Maharashtra) [India], September 7: Sudarshan Pharma Industries Limited is looking to accelerate its global expansion and diversify into advanced oncology with a proposed acquisition of a 9.50% equity stake in US-based MedTherapy Biotechnology Inc.

ANI Sep 07, 2026 18:00 IST googleads

Sudarshan Pharma Eyes Global Growth with Proposed 9.5% Stake in US-Based MedTherapy Biotechnology

PNN
Mumbai (Maharashtra) [India], September 7: Sudarshan Pharma Industries Limited is looking to accelerate its global expansion and diversify into advanced oncology with a proposed acquisition of a 9.50% equity stake in US-based MedTherapy Biotechnology Inc.
The strategic investment, approved by the company’s Board, is expected to mark Sudarshan Pharma’s entry into the emerging cell and gene therapy ecosystem, particularly the CAR-T therapy segment. The move could broaden the company’s existing pharmaceutical and specialty-chemical business into higher-technology and innovation-led healthcare opportunities.
US-India platform at the centre of strategy
MedTherapy Biotechnology is developing an integrated CAR-T cell therapy and contract development and manufacturing platform, with technology development capabilities in the US and manufacturing infrastructure in India.
For Sudarshan Pharma, the proposed association could combine MedTherapy’s biotechnology capabilities with the company’s commercial reach, pharmaceutical relationships, sourcing expertise and execution capabilities. According to the company, the partnership has the potential to create a US-India platform covering innovation, manufacturing, commercialisation and patient access.
“This proposed investment represents a bold and potentially transformative step in Sudarshan Pharma’s growth journey,” said Hemal Mehta, Chairman and Managing Director, Sudarshan Pharma Industries Limited, adding that the company is seeking to enter an innovative area of modern healthcare while establishing a stronger presence in the United States.
Multiple growth avenues
The proposed investment could provide Sudarshan Pharma with access to the US biotechnology market and participation in advanced oncology. The company has identified potential opportunities across specialised technology, customers, contracts and distribution, as well as development, manufacturing, licensing and commercialisation.
https://www.bseindia.com/xml-data/corpfiling/AttachLive/6a47a13c-6520-43c4-b371-9852bf1ddb50.pdf
A key strategic element is the possibility of combining **US-based innovation with cost-efficient Indian manufacturing, creating a platform that could potentially scale across international markets.
The proposed transaction could also change the profile of Sudarshan Pharma by adding exposure to innovation-led healthcare segments characterised by specialised capabilities, significant unmet medical needs and international market potential.
Promoters also propose investment
Alongside the company’s proposed 9.50% investment, promoters Hemal Mehta and Sachin Mehta have separately proposed acquiring 1.50% each in MedTherapy Biotechnology. This would take the combined proposed interest of the company and its two promoters to 12.50%.
The transaction is expected to involve cash consideration denominated in US dollars. However, the proposed acquisition remains subject to legal, financial, commercial and technical due diligence, definitive agreements, applicable approvals and compliance with overseas-investment regulations.
Sudarshan Pharma is targeting completion by March 31, 2027, subject to fulfilment of the applicable conditions.
A potential shift towards innovation-led healthcare
Sachin Mehta, Joint Managing Director of Sudarshan Pharma, said the investment could provide the company with a platform spanning technology, manufacturing, market access and commercialisation, with the potential to build a scalable global business and create sustainable shareholder value.
The proposed deal represents a strategic shift in the company’s long-term growth narrative. While Sudarshan Pharma currently operates across contract manufacturing, chemical sourcing, pharmaceutical products and healthcare solutions the proposed MedTherapy investment could give it exposure to advanced biotechnology and global oncology markets.
(ADVERTORIAL DISCLAIMER: The above press release has been provided by PNN. ANI will not be responsible in any way for the content of the same.)

Get the App

What to Read Next

Business

Semicon Day 1: Rs 1 lakh crore investment commitments, 16 MoUs

Semicon Day 1: Rs 1 lakh crore investment commitments, 16 MoUs

The first day of SEMICON India 2026 saw the government lay out a wider roadmap for the next phase of India's semiconductor programme, with around Rs 1 lakh crore in investment commitments, plans to create close to one lakh jobs and a series of agreements spanning chip manufacturing, materials, packaging, design and talent development.

Read More
Business

Govt launches 16th coal auction with 25 blocks, six mines

Govt launches 16th coal auction with 25 blocks, six mines

The Ministry of Coal on Thursday launched the 16th round of commercial coal mine auctions, offering 25 coal blocks across nine coal-bearing states, while handing over Coal Mine Development and Production Agreements (CMDPAs) for six mines auctioned in earlier rounds.

Read More
Business

“These MoUs mean a lot to us”: Tata Electronics laud global pacts

“These MoUs mean a lot to us”: Tata Electronics laud global pacts

Tata Electronics CEO and MD Randhir Thakur stated that the recent Memorandums of Understandings (MoU) represent mutual operational commitments rather than immediate financial returns, serving as an anchor for the company’s manufacturing network.

Read More
Business

NBC Bearings Unveils New Product Range for Construction Equipment

NBC Bearings Unveils New Product Range for Construction Equipment

Greater Noida (Uttar Pradesh) [India], September 17: NBC Bearings, the flagship brand of National Engineering Industries Ltd. (NEI) and part of of the multi-billion-dollar CKA Birla Group today unveiled a new range of bearings for construction and off-highway equipment at bauma CONEXPO INDIA 2026, strengthening its presence in one of India’s rapidly evolving industrial segments.

Read More
Business

Tie-up with Tata Electronics ensure India's 1st 300mm fab success

Tie-up with Tata Electronics ensure India's 1st 300mm fab success

Semiconductor equipment maker ASML Holding’s Executive Vice President, Wayne Allan, underscored the significance of partnering with Tata Electronics to ensure the success of India's first 300mm commercial semiconductor fabrication facility, paving the way for further industry expansion in the country.

Read More
Home About Us Our Products Advertise Contact Us Terms & Condition Privacy Policy

Copyright © aninews.in | All Rights Reserved.