Aurobindo buys Veritaz' biz

PTI

Updated At : 02:53 PM Mar 29, 2022 IST

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New Delhi, March 28

Aurobindo Pharma Ltd on Monday said it has acquired the domestic formulation business of Veritaz for a consideration of Rs 171 crore on debt-free cash-free basis.

This acquisition vehicle will greatly help Aurobindo as a launch pad for marketing biosimilar and other products in India, the company said in a statement. —

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