Torrent Pharmaceuticals Limited (Torrent Pharma) has entered into definitive agreements to acquire 100% of Curatio Healthcare (I) Private Limited (Curatio) for Rs. 2,000 crore. The consideration includes Rs. 115 crore (on the date of signing) of cash and cash equivalents in the acquired business indicating an enterprise value of Rs. 1,885 crore.
Curatio has a strong presence in the cosmetic dermatology segment with a portfolio of over 50 brands, marketed in India. Curatio
