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Synopsis Aragen is a leading provider of outsourced discovery, development, and manufacturing services across both large and small molecule platforms. The company serves a worldwide customer base which spans to the United States, Europe, and Japan. Wall Street behemoth Goldman Sachs has taken a significant minority stake in Aragen Life Sciences, formerly known as GVK Biosciences, a leading contract research organization (CRO), the company announced today. Goldman Sachs, an active investor in India, has acquired shares previously held by ChrysCapital and other existing shareholders. The private equity arm of Goldman Sachs, is all set to acquire about 33% stake in Hyderabad-based GVK Biosciences, making pharma & healthcare as the favourite investment destination amid Covid pandemic, ET reported on Monday.

United statesAndhra pradeshRaghav ramdevWarburg pincusSanjay reddyManni kantipudiBiocon biologicsAragen life sciencesContract research organizationGoldman sachs incGoldman sachsAragen bioscience incCarlyle groupNova medical centersRanbaxy laboratoriesSingapore temasek holdings