Acquisition of 100% of mScripts LLC in an all-cash deal, including its India business and subsidiary.

We just acquired mscripts®, a mobile app that is used to push out information for different needs and has a way to connect to the patient level. Pharmacies use it to let patients know that their prescriptions are ready. That helps patients who are home-bound and need the reminder.

— Pharmacytimes

Kochhar & Co advised Cardinal Healthcare Inc led by a team of senior partner Suhas Srinivasiah, principal associate Ajay G Prasad.

According to the firm, it conducted a legal due diligence of the target entity, reviewed the various transaction documents, provided India law advice to Cardinal Healthcare, negotiated the transaction documents with the counsel for the sellers and provided closing assistance. The India law advice comprised of corporate law, exchange control and employment law aspects of the transaction.

Primary jurisdiction of deal: US

2019-04-23

Deal value: USD 47 million

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