Alkem joins $3 bn race for JB Chem as Torrent pauses talks

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​After the acquisition, KKR appointed Cipla veteran Nikhil Chopra in October 2020 as JB’s chief executive. He put the Mumbai-based drugmaker on an accelerated growth path, making four acquisitions and investing $200 million in the last four years along with a fresh go to-market strategy involving therapy diversification, raising the productivity of medical representatives, optimising costs, making big brands even larger, and chronic therapies.

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