Date:09/08/11,
M&A,
Cross Border Deal,
Ipca Laboratories Ltd acquires 100%
stake in Onyx Research Chemicals Ltd, the holding company of UK based Onyx
Scientific Ltd, for ₤4.60 million. Ipca Laboratories Ltd acquires stake via subsidiary Ipca Laboratories UK Ltd.
Onyx Research Chemicals Ltd founded in 2000, specialises in medicinal chemistry, process development,
custom synthesis and GMP synthesis. It supplies to pharma and biotech companies
like Nuformix Ltd, Cyclacel Ltd, etc.
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