Tag: non-oncology
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Aurobindo Pharma to Acquire Khandelwal Laboratories’ Non-Oncology Prescription Business for Rs 325 Crore
Overview of the Deal In a strategic move to expand its domestic prescription portfolio, Aurobindo Pharma has agreed to acquire the non-oncology prescription business of Mumbai-based Khandelwal Laboratories Pvt Ltd. The transaction is structured as a going-concern slump sale for a cash consideration of Rs 325 crore. The deal underscores the growing importance of consolidating…
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Aurobindo Pharma to Buy Khandelwal Labs’ Non-Oncology Prescription Business for Rs 325 Crore
Strategic Move Signals Expansion Beyond Oncology In a bid to broaden its portfolio and market footprint, Aurobindo Pharma is acquiring the non-oncology prescription business of Mumbai-based Khandelwal Laboratories Pvt Ltd. The transaction, carried out on a going concern, slump sale basis, is valued at Rs 325 crore in cash. This strategic move underscores Aurobindo’s intent…