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Global company acquires Southern Cross Pharma

Maddocks has advised Lupin Limited and its wholly owned subsidiary Generic Health on the acquisition of Melbourne-headquartered Southern Cross Pharma.

August 09, 2021 By Emma Musgrave
Global company acquires Southern Cross Pharma
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Firms: Maddocks (Lupin Limited); Rankin Business Lawyers (Southern Cross Pharma).

Deal: Lupin Limited and its wholly owned subsidiary Generic Health have acquired Southern Cross Pharma.

Value: Undisclosed.

Area: M&A.

Key players: The Maddocks corporate team advising on the acquisition was led by partner Damien Wurzel and senior associate Steven Tang and assisted by associate Jack Coventry and lawyer Cassandra Charlaftis.

The corporate team was supported by partner Lindy Richardson and senior associate Christopher Charalambous from the firm’s employment, safety and people team.

Deal significance: Lupin Limited is a Mumbai-headquartered listed pharmaceutical company, while Southern Cross Pharma is a Melbourne firm engaged in developing, registering, and distributing generic pharmaceuticals products.

“The strategic acquisition sees Generic Health gain access to Southern Cross Pharma’s portfolio of more than 60 currently registered products developed over the past 20 years,” a statement from Maddocks said.

Emma Musgrave

Emma Musgrave (née Ryan) is the managing editor, professional services at Momentum Media.

Emma has worked for Momentum Media since 2015, including five years spent as the editor of the company's legal brand - Lawyers Weekly. Throughout her time at Momentum, she has been responsible for breaking some of the biggest stories in corporate Australia. In addition, she has produced exclusive multimedia and event content related to the company's respective brands and audiences. 

Prior to joining Momentum Media, Emma worked in breakfast radio, delivering news to the Central West region of NSW, before taking on a radio journalist role at Southern Cross Austereo, based in Townsville, North Queensland.

She holds a Bachelor of Communications (Journalism) degree from Charles Sturt University. 

Email Emma on: This email address is being protected from spambots. You need JavaScript enabled to view it. 

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