Khaitan & Co advised Chemo España SL (‘Chemo’) in relation to downstream investment by Chemo through Ordain Health Care Global Private Ltd, a 100 per cent subsidiary of Chemo for the acquisition of the infertility drugs (Fertica) division of Alkem Laboratories Ltd through an asset purchase.
Joyjyoti Misra, partner; Arjun Rajgopal, principal associate and Akshaya Iyer, associate represented the client on the transaction. Chemo Espana SL produces chemicals for the pharmaceutical, veterinary, and agrochemical industries.
The company’s products include chemotherapy, antibiotics, and anti-inflammatory drugs as well as nutrition products and medications for animals. Chemo Espana SL also produces insecticides, fungicides, herbicides and micronutrients for the agrochemical industry.