News
DMD Advocates Acts for Harsoria Healthcare in a Strategic Joint Venture with US-based MedSource Labs
27 Mar 2026
- DMD Advocates
- Deal Reporting
DMD Advocates advised Harsoria Healthcare Private Limited on forming a joint venture in India with MedSource Labs, a company based in Minnesota, United States, specializing in the development and supply of innovative healthcare solutions and advanced medical technologies.
The joint venture aims to combine Harsoria’s robust manufacturing capabilities with MedSource Labs’ technological expertise to enhance product innovation, strengthen supply chains, and expand market access across geographies.
Harsoria Healthcare Private Limited is an India-based, fully integrated medical devices manufacturer headquartered in Gurugram, Haryana, producing high-quality and cost-effective healthcare products.
DMD advised Harsoria Healthcare Private Limited on all legal aspects of the transaction, including structuring, drafting, and negotiation of definitive agreements.
The transaction was led by Vihang Virkar (Lead Partner, Mumbai Corporate Practice Group), along with Monika Deshmukh (Partner), Pooja Shah (Principal Associate), and Vanshikha Choraria (Associate), ensuring efficient execution and successful completion of the transaction.
