Bayer launches Consumer Health division in India freepressjournal.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from freepressjournal.in Daily Mail and Mail on Sunday newspapers.
Global life sciences firm Bayer on Friday said it has launched its Consumer Health division in India comprising 10 brands across the categories of allergy, dermatology, nutrition and analgesics. These brands include Saridon, Supradyn, Becozym C Forte, Benadon, Alaspan, Canesten and Bayer s Tonic. These products will be manufactured locally in India, Bayer said in a statement. The brands Saridon and Supradyn licensed to Piramal Consumer Products division in the past, have been transitioned back to Bayer s new Consumer Health business at the end of the licensing agreement term. Piramal will continue to distribute these brands for Bayer Consumer Health in India, it added.
Image: Getty Images Why transformation is a buzzword at Piramal Billionaire industrialist Ajay Piramal is in makeover mode. He wants to remould his conglomerate into a well-diversified NBFC and a pharma firm, which would both be giants in their respective spaces.
Feb 18, 2021
Ajay Piramal is on a mission. The 65-year-old billionaire industrialist and chairman of Piramal Group, who recently wrapped up a mega acquisition of the beleaguered DHFL, is taking his flagship Piramal Enterprises Ltd (PEL) through a series of transformations to remould the multi-sector conglomerate into focussed, listed entities in financial services and pharmaceuticals sectors. The long, laborious journey from a real estate wholesale lending entity to a well-diversified non-banking finance company has already begun in earnest.