Aurobindo Splits Out Biosimilars Business

Firm Upbeat On Outlook As It Seeks FDA Desk Reviews For Three Units

After double-digit growth in formulations sales across geographies in the fourth quarter, Aurobindo expects to continue the momentum this fiscal year. Meanwhile, it might look for partners for its biologics business, which it has now transferred to its fully-owned subsidiary for $48m.

Business growth
Aurobindo Looks For Growth As It Carves Out Biologics Business • Source: Shutterstock

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