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Italian Pharma Menarini Buys Invida of Singapore

publication date: Nov 16, 2011
Menarini, the largest pharmaceutical company in Italy, has bought Invida, a drug commercialization company headquartered in Singapore that operates in Asia Pacific. Invida, whose revenues top $220 million annually, was established in 2005 by three companies: Temasek, Singapore’s official investment arm; Quintiles, an international CRO; and the Zuellig Group, a large Asia Pacific drug distribution company. Invida offers services from sales to contract manufacturing. Terms of the transaction were not disclosed. More details....

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