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Indonesia: Aurobindo forays into Indonesia...

HYDERABAD: Pharma major Aurobindo Pharma on...

Indonesia: Aurobindo forays into Indonesia with acquisition of 15 brands for $48 million

HYDERABAD: Pharma major Aurobindo Pharma on Tuesday informed the bourses that it is foraying into the Indonesian market with the acquisition of 15 formulations brands from Viatris Inc and Pfizer Inc for a cash consideration of US$48 million (approx. Rs 398 crore).“The acquisition of 15 specified marketing and manufacturing related authorizations of branded products and related brand trademarks from Viatris Inc / Pfizer Inc for Indonesia market provides an excellent entry platform into the fast-growing pharmaceutical market of Indonesia, the company said in a regulatory filing on Tuesday.The...

Indonesia: Aurobindo forays...

HYDERABAD: Pharma major Aurobindo Pharma on Tuesday informed the bourses that it is foraying into the Indonesian market with the acquisition of 15...