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Sequoia Capital Invests Rs 70Cr In Biopharma Firm Celon

BY  Madhav A Chanchani
Sequoia, which has already invested in GVK Biosciences and Sai Advantium, continues to bet on lifescience space.

Sequoia Capital India has invested Rs 70 crore ($16 million) in Hyderabad-based biopharmaceutical company Celon Labs, which has established brands in oncology, critical care and gynaecology segments. 

The funds will be used by the firm to expand its...

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