Glenmark Sells Gynecology Unit

Strikes Further Deal With Private Equity Firm True North

Glenmark has struck a deal with private equity firm True North for its gynecology business in India and Nepal.

Glenmark_Magnified
Glenmark has struck a further deal with True North • Source: Shutterstock

Integrace Private Limited, a portfolio company of the private equity firm True North, has snapped up Glenmark’s gynecology business in India and Nepal for INR1.15bn ($16.1m).

The deal includes established Glenmark brands such as Dubagest (progesterone), Fenza (fenticonazole), Milical (calcium citrate/cholecalciferol) and iron deficiency anaemia therapy...

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