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Sneha Jain

24th Feb 2025 · SEBI-Registered Analyst

Granules India enters the CDMO sector with the acquisition of Senn Chemicals AG.

GRANULES
Granules India Limited has announced the signing of an acquisition agreement for Senn Chemicals AG, a Switzerland-based CDMO specializing in peptides. This acquisition enhances Granules' capabilities in high-growth peptide-based therapeutics. "The acquisition aligns with Granules' vision to expand into the rapidly growing peptide-based anti-diabetic and anti-obesity market, including GLP-1 receptor agonists and other next-generation therapeutics," the company stated.

#SectorBreakouts
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