| Torrent Pharma acquires Heumann Pharma GmbH & Co Generica KG, a generic drug company with the Pfizer group at a valuation of $50 mn |
| October Jubilant Organosys picks up 100%stake in a US-based CRO, Target Research Sociates Inc, in a $33.5-mn cash deal |
| Nicholas Piramal India acquires UK's Avecia Pharmaceuticals for a consideration of £9.5 mn |
| November Dr Reddy's Labs acquires Roche's API business at its manufacturing site in Cuernavaca, Mexico for $59 mn |
| Overseas Joint Ventures |
| February Strides Arcolab acquires an additional stake of 12.5% at a cost of $6 mn in its JV, Strides Latina |
| July Jubilant acquires 64% equity in the US-based generic pharmaceuticals company Trinity Labs Inc and its wholly-owned subsidiary Trigen Labs Inc for $12.25 mn |
| September Nicholas Piramal India completes private placement of 7.5 lakh common shares at a price of Canadian $0.80 per share BioSyntech |
| October Matrix Labs acquires 43% holding in Explora Laboratories SA, based in Switzerland |
| November Hikal enters into a JV by buying a minority stake in one of Sinochem Corporation's subsidiaries in China |
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