Aceto Completes Sale Of Rising Pharmaceuticals

Aceto has completed the divestment of its Rising Pharmaceuticals generics unit, is moving ahead with the disposal of its chemicals business and has disclosed a bonus incentive scheme for its CEO, William Kennally, aimed at securing the maximum value for its assets as part of bankruptcy proceedings.

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Aceto Received $15m For Its Rising Pharmaceuticals Subsidiary • Source: Shutterstock

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