Marksans Pharma has acquired US based Time-Cap Labs Inc in a transaction was valued at USD 28 mn. Time-Cap Laboratories, Inc is a New York based solid dosage tablet manufacturer synergies arise as it seeks to grow its presence in USA leveraging the manufacturing and packaging facilities of Time-cap, the brand equity of its products and distribution value chain. Time-cap has revenues of USD 30 mn per year and EBITDA of USD 4 mn and is a debt free company