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    <title>Jubilant Biosys Limited Seals Deal with Pierre Fabre SA</title>
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    <description>Jubilant Biosys Innovative Research Services Pte. Limited will acquire 80% of JASMIN from Pierre Fabre, with JASMIN acquiring Pierre Fabre&#039;s R&amp;D Centre and R&amp;D activities at Saint Julien en Genevois, France. The transaction includes a Shareholders&#039; Agreement and transition agreements to govern post closing operations. The acquisition secures majority control of a biologics and ADC focused R&amp;D site, aims to integrate Pierre Fabre&#039;s scientific expertise with Jubilant&#039;s chemistry and payload capabilities, and is positioned to expand ADC/CDMO market access and cross selling opportunities in EU and US markets, subject to forward looking disclaimers.</description>
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