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HRV Pharma buys Germany's Phatebo

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HRV Pharma buys Germany's Phatebo
Benchmarks Nifty23,810.85370.05FEATURED FUNDS★★★★★Motilal Oswal Midcap Fund Direct-Growth5Y Return17.99 % Invest NowFEATURED FUNDS★★★★★UTI Aggressive Hybrid Fund Regular Plan-Growth5Y Return9.04 % Invest NowEnter search text:
    The Economic Times daily newspaper is available online now. Read Today's Paper HRV Pharma buys Germany's PhateboPTILast Updated: Nov 04, 2026, 12:54:00 AM ISTSynopsis

    The acquisition marks virtual pharmaceutical company HRV's entry beyond active pharmaceutical ingredients (APIs) into finished formulations, giving it its first finished formulations business alongside a licenced operating entity in Germany.

    New Delhi: Hyderabad-based HRV Pharma on Tuesday announced the acquisition of 100% equity stake in Germany-based Phatebo from ZeroStack.

    HRV Pharma did not disclose the financial details of the deal, but said Phatebo posted revenues of about Rs 350 crore in 2025.

    The acquisition marks virtual pharmaceutical company HRV's entry beyond active pharmaceutical ingredients (APIs) into finished formulations, giving it its first finished formulations business alongside a licenced operating entity in Germany.
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      Source: Economic Times — Healthcare/Biotech ↗

      Figures reflect the source report and its stated period. This article is for information and is not investment advice.