Zydus takes 50% stake in fermentation-based protein firm Sterling Biotech
In India, Zydus Lifesciences Limited has bought a 50% stake in fermentation-based active pharmaceutical ingredients and gelatine company, Sterling Biotech Limited, from Perfect Day Inc. Following closure of the deal, Sterling Biotech will become a 50:50 joint venture with equal representation on the Board. The JV will establish a state-of-the-art manufacturing facility to manufacture fermented […]