India, Feb. 13 -- Expands footprint in India's D2C nutraceutical market

USV has signed a definitive agreement to acquire 79 per cent equity stake in Nutritionalab (Wellbeing Nutrition) marking a strategic expansion into India's fast-growing nutraceutical and consumer wellness space. With a six-decade legacy and leadership in the oral anti-diabetic and cardiovascular segments, USV has long been the trusted house of iconic pharma brands such as Glycomet GP, Ecosprin, Roseday and the exclusive partner for the globally acclaimed Sebamed range in India.

Prashant Tewari, Managing Director, USV said, "This acquisition dovetails strongly with our strategy to build a future-facing healthcare portfolio that responds to the changing aspirations of...