Industry Newsroom

CDC, DPI, and EBRD Acquire Adwia Pharmaceuticals and Seed USD750m Pan-African Biopharma Platform

CDC Group, Development Partners International, and the European Bank for Reconstruction and Development have jointly committed USD250m to fund the acquisition and combination of Egypt-based drugmaker Adwia Pharmaceuticals and India-based drugmaker Celon Laboratories to create a new USD750m pan-African biopharmaceutical platform. Read more