Bharat Biotech to acquire Chiron Behring Vaccines

15 February 2019

India’s Bharat Biotech today announced plans to acquire Chiron Behring Vaccines, located in Ankleshwar, Gujarat, from the Asia subsidiary of UK pharma major GlaxoSmithKline (LSE: GSK).

Bharat Biotech will acquire 100% equity stake in Chiron Behring Vaccines in an all cash transaction, subject to a number of closing conditions which Bharat Biotech and GSK intend to complete in the coming weeks.

Financial terms of the deal were not disclosed.

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