INDIA – Aurobindo Pharma Ltd announced it has acquired Veritaz’s domestic formulation business for Rs 171 crore (US$22.5 million) in debt-free cash-free terms. According to the company, this acquisition vehicle…
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Novartis inches closer to selling generic drug unit, Sandoz for US$21 billion: Report
SWITZERLAND – According to a German newspaper, Handelsblatt, the Swedish-based investment group EQT and the German Struengmann family are considering a joint bid for Novartis AG’s generics unit, Sandoz, for…
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