NEWS REVIEW
NEWS REVIEW

[This article was published in the December 2009 issue of the eHEALTH Magazine (https://www.ehealthonline.org)]

News Review

Alved Pharma goes to ICICI Ventures for INR 30 cr
Alved Pharma goes to ICICI Ventures for INR 30 cr

Private equity (PE) major ICICI Ventures is acquiring Chennai-based standalone pharmaceutical and
veterinary company Alved Pharma and Foods. RFCL, a wholly-owned veterinary, chemicals and medical
diagnostic company of ICICI Ventures, is learnt to have signed a definitive agreement with Alved Pharma and Foods for a complete buyout.

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