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Before switching to the listing route, TPG-backed Sai Life Sciences had explored the sale of a controlling stake in the firm and conducted a sale process, which resulted in Bain Capital emerging as the front-runner in the final leg, according to a January 25 report by Moneycontrol. But talks between both parties did not fructify into a deal
CM Revanth Reddy, the chief minister of Hyderabad, will inaugurate the 21st edition of BioAsia 2024, Asia's largest life sciences and healthcare forum. The conclave, focused on the theme of 'Data & AI: Redefining Possibilities', will bring together stakeholders from around the world to discuss the transformative potential of data and AI in the field of life sciences and healthcare delivery.
Suven Pharmaceuticals is a listed CDMO and Cohance Lifesciences is an unlisted API and CDMO platform. Both are part of private equity firm Advent International's India portfolio.
In 2018, TPG Capital invested around $135 million in Sai Life Sciences and the private equity firm currently holds a 43.4 percent stake
Hyderabad : Following an accomplished Day 1 of the StartX Summit, The Hyderabad Public School Begumpet hosted another enriching day of the summit. The day featured a lineup of renowned HPS alumni experts, sharing their insights and strategies for ach