Acquiring Company
Gland Pharma Limited
Acquired Company
Novelstar Pharma
Hyderabad
United StatesBiotechnologyPharmaceuticalBiotechnologyHealth CareTherapeuticsPharmaceuticalBiopharmaDescription
Gland Pharma has announced an investment of up to $21 million in its subsidiary, Gland Pharma USA Inc., to acquire a 60% stake in Novelstar Pharma Inc. This strategic move aims to expand Gland Pharma's portfolio and market presence in the biopharmaceutical sector. Following this acquisition, Novelstar Pharma will operate as a step-down subsidiary of Gland Pharma, with Fosun Pharma USA Inc. retaining the remaining 40% stake.
Quick answer
Gland Pharma Limited is acquiring Novelstar Pharma, announced October 5, 2026. Gland Pharma Limited is based in Hyderabad, Telangana, India.
- How much did Gland Pharma Limited pay for Novelstar Pharma?
- The deal value was not disclosed.
- What does Gland Pharma Limited do?
- Gland Pharma Limited is a pharmaceutical company with a global presence, specializing in API operations & development, global supply planning & operations, and corporate strategic business planning.
- Where are Gland Pharma Limited and Novelstar Pharma based?
- Gland Pharma Limited is based in Hyderabad, Telangana, India. Novelstar Pharma is based in United States.
- Who are the decision-makers at Gland Pharma Limited?
- Fundz holds 1 contact at Gland Pharma Limited. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Who to call at Gland Pharma Limited, and when
When Gland Pharma Limited changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day Gland Pharma Limited raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Gland Pharma Limited, from your own LinkedIn network
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Frequently asked
Who acquired Novelstar Pharma?
Novelstar Pharma was acquired by Gland Pharma Limited, based in Hyderabad. The deal was reported on October 5, 2026. Gland Pharma Limited is a pharmaceutical company with a global presence, specializing in API operations & development, global supply planning & operations, and corporate strategic business planning. Gland Pharma Limited is privately held and operates in Biotechnology.
When did Gland Pharma Limited acquire Novelstar Pharma?
Gland Pharma Limited's acquisition of Novelstar Pharma was reported on October 5, 2026. Gland Pharma has announced an investment of up to $21 million in its subsidiary, Gland Pharma USA Inc., to acquire a 60% stake in Novelstar Pharma Inc. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Novelstar Pharma do?
Novelstar Pharma Inc. is a biopharmaceutical company focused on developing innovative therapies to address unmet medical needs. The company is engaged in the research and development of advanced drug formulations for various therapeutic areas. It is privately held, operating in Biotechnology, and is based in United States.
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