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Joint Venture of SGD Pharma and Corning Incorporated for new glass tubing facility in India

Deal
October 25, 2023

SGD Pharma and Corning Incorporated entities have set up a joint venture in India for a new glass tubing facility to expand pharmaceutical manufacturing in Telangana, India. Combining SGD Pharma’s vial-converting expertise with Corning’s proprietary glass-coating technology, the collaboration will enhance vial quality, improve filling-line productivity, and speed the global delivery of injectable treatments. The joint venture will help drugmakers respond to increasingly complex capacity and quality issues while meeting global demand for critical medicines.

Reference could be made to the following link for the transaction: SGD Pharma x Corning News Release_080623.pdf (sgd-pharma.com). JSA advised SGD Pharma.

Our Transaction Team Comprised Partner – Rinku Ambekar, Principal Associate – Reshma Oak.

Our Competition Team Partner – Vaibhav Choukse and Ela Bali, Senior Associate – Aditi Khanna.

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Tags Health Care, Joint Venture, JSA, Leading Law Firm, Leading Lawyers, Pharma

Aditi Khanna Senior Associate

Aditi is a competition / antitrust lawyer, who recently completed her post-graduation.

Ela Bali Partner

Ela is a partner with JSA’s competition law practice with more than 8 years of experience. She represents and advises clients across different sectors on enforcement and merger control matters before the CCI, NCLAT, Delhi and Bombay High Court, and the Supreme Court of India.

Reshma Oak Principal Associate

Reshma advises in the fields of mergers and acquisitions, corporate restructurings, joint ventures and general corporate advisory, domestic and cross-border.

Rinku Ambekar Partner

Rinku has a diverse corporate practice focused on cross-border M&A representing clients in the United States, Europe, Singapore, Malaysia, Japan, Australia and her experience extends to takeovers, buyouts, private equity transactions, creation of joint ventures, strategic alliances, stock acquisitions, business acquisitions, asset acquisitions, restructurings, corporate governance, commercial and corporate agreements.

Vaibhav Choukse Partner and Head of Practice

Vaibhav is heading the Firm’s Competition Law Practice and has been practicing competition law since its inception in India. He focuses on complex enforcement/ litigation and merger control cases and represents and advises clients on a broad range of competition law issues spanning across several sectors.