--- title: Novartis Vaccines Buys Out Indian JV from Aventis Parma Limited date: 2011-01-11T00:00:00-05:00 author: Import Bot canonical_url: "https://www.kelleydrye.com/news/novartis-vaccines-buys-out-indian-jv-from-aventis-parma-limited" section: News --- # Novartis Vaccines Buys Out Indian JV from Aventis Parma Limited January 11, 2011 Kelley Drye & Warren LLP and its independent affiliate law firm in Mumbai, India, represented Cambridge, Massachusetts based Novartis Vaccines & Diagnostics, Inc. and Basel, Switzerland based Novartis Pharma AG, in the acquisition of the 49% equity interest of Aventis Pharma Limited in Chiron Behring Vaccines Private Limited, the manufacturer of the anti-rabies vaccines Rabipur. The acquisition value was close to US$23 million. Novartis Vaccines & Diagnostics, Inc. already holds 51% of the Indian company. After this acquisition Chiron Behring Vaccines Private Limited becomes a wholly owned subsidiary of the Novartis group. The transaction closed on December 23, 2010. - Share this entry - - - - - [ View entry pdf ](https://s3.amazonaws.com/cdn.kelleydrye.com/content/uploads/pdf-snapshots/novartis-vaccines-buys-out-indian-jv-from-aventis-parma-limited-20230925112918.pdf) ### Related Services - [India-U.S. Cross-Border Transactions and Disputes](https://www.kelleydrye.com/trending/india-u-s-cross-border-transactions-and-disputes) In the News [ ![](https://d3iuizmsm2hayf.cloudfront.net/content/uploads/Listing-Images/Grymes_Thompson_Christie_L.webp?auto=compress%2Cformat&crop=focalpoint&fit=crop&fp-x=0.5&fp-y=0.5&h=750&q=80&w=1125&s=8cdff8f3f62f20742ddf756217720753) ![](https://d3iuizmsm2hayf.cloudfront.net/content/uploads/Listing-rectangles/In_the_News_Listing.svg) ](https://www.kelleydrye.com/news/christie-thompson-featured-on-abas-trust-and-trade-podcast) July 20, 2026 [ ](https://www.kelleydrye.com/news/christie-thompson-featured-on-abas-trust-and-trade-podcast) In the News [ ![](https://d3iuizmsm2hayf.cloudfront.net/content/uploads/Listing-Images/Mon_Gonzalo_listing.webp?auto=compress%2Cformat&crop=focalpoint&fit=crop&fp-x=0.5&fp-y=0.5&h=750&q=80&w=1125&s=e5cf250ea9912bedfdad33a60aa6fb97) ![](https://d3iuizmsm2hayf.cloudfront.net/content/uploads/Listing-rectangles/In_the_News_Listing.svg) ](https://www.kelleydrye.com/news/gonzalo-mon-quoted-in-politico-on-click-to-cancel-rules) July 17, 2026 [ ](https://www.kelleydrye.com/news/gonzalo-mon-quoted-in-politico-on-click-to-cancel-rules)