Date: October 2, 2026
Disinvestment / Strategic Actions
- Apitoria Pharma Private Limited, a wholly owned subsidiary of Aurobindo Pharma, has completed the acquisition of the Contract Research Services business of A1 Biochem Group.
- The acquisition was completed post fulfillment of conditions prescribed under the definitive agreements.
- Apitoria now holds 80% ownership in A1 Biochem Labs (India) Private Limited (A1 Labs India).
- Dr. Rajendra Gadikota (former promoter of A1 Biochem Group) holds the remaining 20% ownership in A1 Labs India.
- A1 Labs India, through its wholly owned subsidiary A1 Biochem USA Inc, USA, has acquired 100% membership interest of A1 Biochem Labs LLC, USA (step-down subsidiary of A1 Labs India) which operates in USA.
- The acquisition provides Apitoria access to an existing CRO platform with 50+ client base and experience of completing 800+ projects in India and USA.
- This acquisition complements Apitoria's manufacturing capabilities to create an integrated CRDMO platform.
- The transaction expands the portfolio of offerings to customers and enables longer life cycle engagement with customers.