Sun Pharma arm picks up 14.6% stake in US company for $13mn

Industry-The Economic Times — December 23, 2016 comments off

“…One of the wholly-owned subsidiaries of the company has acquired 13,000,000 Series B preferred stock of scPharmaceuticals Inc (equivalent to 14.58 per cent fully diluted equity stake on conversion) by way of allotment,” Sun Pharma said.