Galway-based Channelle Pharma to be sold for €300m

  • 📰 IrishTimesBiz
  • ⏱ Reading Time:
  • 5 sec. here
  • 9 min. at publisher
  • 📊 Quality Score:
  • News: 29%
  • Publisher: 77%

Business News

Channelle Pharma,Sale,UK Private Equity Firm

Galway-based generic drugmaker Channelle Pharma is on track to be sold to UK private equity firm Exponent in a deal said to be worth about €300 million. The company has veterinary and human drug licenses in the EU. Other private equity firms were also interested in the bidding process. Channelle Pharma is estimated to make a profit of about €25 million a year.

Galway-based generic drugmaker Channelle Pharma is set to be sold to UK private equity firm Exponent for about €300 million. The company has veterinary and human drug licenses in the EU. Other private equity firms were also interested in the bidding process.

Channelle Pharma is estimated to make a profit of about €25 million a year.

Source: News Formal (newsformal.com)

Channelle Pharma Sale UK Private Equity Firm Exponent Veterinary Licenses Human Drug Licenses Profit

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in İE

Ireland Latest News, Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Galway Hurler Hoping for Call-Up to County TeamA Galway hurler expresses his desire to be called up to the county team and discusses his recent performance in the All-Ireland semi-final.
Source: JOEdotie - 🏆 31. / 51 Read more »

HSE and GP apologize for delayed treatment of child who swallowed batteryThe HSE and a general practitioner have apologized to a woman for the treatment her son received after he swallowed a battery. Aaron Sikorski was 13-months-old when he swallowed the button-type battery while playing at home. The High Court heard it was 9½ days before a chest X-ray was carried out despite visits to his GP and the emergency department at Galway University Hospital.
Source: IrishTimes - 🏆 3. / 98 Read more »

Storm Isha Causes Widespread Disruption in IrelandThe storm named Isha caused travel disruption, flight cancellations, and damage to infrastructure in Ireland. The coastal county of Galway experienced the collapse of an iconic clock tower, while a daredevil diver was deterred from jumping off Blackrock Tower due to strong winds and huge waves. A driver also swerved off the road in Lisduff. Although the worst of the storm is over, wind warnings are still in place for several counties.
Source: IrishMirror - 🏆 4. / 98 Read more »

County councillors questioned over suspected arson attack on disused hotelTwo county councillors have been questioned in relation to a suspected arson attack at a disused hotel in Rosscahill, Co Galway that was badly damaged by fire. The fire on the night of December 16th damaged the Ross Lake House Hotel days before it was due to be used to accommodate 70 asylum seekers.
Source: IrishTimes - 🏆 3. / 98 Read more »

Orange Weather Warning in Effect for All of IrelandAn orange weather warning is in effect for all of Ireland. A status red warning for Co Donegal will come into effect at 9pm. A red wind warning is now in effect in Co Donegal. Donegal County Council has urged the public to take extra care and not to travel unless it is “absolutely essential”. The ESB is working to restore power to over 170,000 customers hit by outages caused by Storm Isha on Sunday evening, with more homes, farms and businesses – particularly in the northwest – expected to be impacted in the coming hours due to high winds. While the electricity provider is working to restore power where possible, it is expected that many will be without power overnight. The ESB said that counties Mayo, Galway, Roscommon and Kerry were among the worst-affected regions in the country. “ESB Networks continue to monitor the impact of Storm Isha closely, switching customers back remotely where possible.
Source: IrishTimes - 🏆 3. / 98 Read more »

Seriously Sound Food Co. in Talks with Aldi to Sell Plant-Based Chicken NationwideThe Kerry-based Seriously Sound Food Co. is in talks with Aldi to stock its plant-based chicken pieces. Talks are expected to be completed in 2024 to list their products nationwide.
Source: businessposthq - 🏆 8. / 71 Read more »