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Torrent Acquires Chronic Brands From Dr Reddy’s, Folds Up US Liquids Business

Aczone Tracks Well Post Launch

 
• By Vibha Ravi

Torrent is recalibrating strategy with the addition of chronic therapies from Dr Reddy’s while it folds up an unsustainable liquids business in US. The latter resulted in the company reporting a Q4 loss but a timely bonus share issue propped up investor sentiment.

Concept of a business deal
Torrent Is Adding And Removing Pieces Of Business As It Pursues Growth • Source: Shutterstock

Torrent Pharmaceuticals has added to its portfolio four brands - Styptovit-E, Finast, Finast-T and Dynapres – from compatriot Dr Reddy's Laboratories in a move aimed at strengthening its chronic and sub-chronic portfolio.

While the company did not disclose the acquisition cost, three of the four drugs are used in the treatment of benign prostatic hyperplasia and are

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More from Business

Amgen Biosimilars Continue Surge Ahead Of Imminent Denosumab Competition

 
• By Dean Rudge

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• By Dave Wallace

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