Aurobindo Pharma to acquire firm in Italy
Aurobindo Pharma Ltd said on Monday it has concluded a deal to acquire Italy's Intellectual Property & Marketing Authorizations.
By PTI |
MUMBAI: Aurobindo Pharma Ltd said on Monday it has concluded a deal to acquire Italy's Intellectual Property & Marketing Authorizations.
This strategic acquisition would jump-start the business for Aurobindo in Italy where the market and the regulatory procedures are considered as one of the toughest in the European Union, it said in a statement.
No financial details were immediately available. Shares in the company were up 3 percent at 256 rupees in a firm Mumbai market.
This strategic acquisition would jump-start the business for Aurobindo in Italy where the market and the regulatory procedures are considered as one of the toughest in the European Union, it said in a statement.
No financial details were immediately available. Shares in the company were up 3 percent at 256 rupees in a firm Mumbai market.
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