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Gland Pharma gets $30 m private funding

HYDERABAD: Gland Pharma, a closely-held company into advanced drug delivery mechanism, has raised $30 million (about Rs. 120 crore) from Evolvence India Life Sciences Fund, a private equity (PE) fund. The investment will be used for expansion and entering into manufacturing of biosimilars, anti-caner drugs and other generics. — Special Correspondent

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