Sun Pharma's $30M Gamble Fails: Lyndra Therapeutics Closes Down Due to Funding Issues

Unknown Apr 02, 2026 800 Views

Sun Pharmaceutical Industries Ltd has stated that Lyndra Therapeutics Inc., where it has a 16.7% stake, is closing down effective March 26, 2025. This follows just 15 months after Sun Pharma made a $30 million investment in the US-based firm, which boasts innovative long-acting oral drug delivery...