Aurobindo Seeks To Boost India Business With Veritaz Acquisition

Indian Pharma Firm Has Paid INR1.71bn For Domestic Formulations Business

 
• By Chloe Kent

Aurobindo is looking to grow its business in India by acquiring Veritaz’s domestic formulations operations in a $22.4m slump sale.

Indian national flag with dollar bills
Aurobindo's India business currently contributes to 12% of its revenue • Source: Alamy

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