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Lotus Builds In Southeast Asia With Teva Thailand Acquisition

Deal Will Allow Taiwanese Firm To ‘Venture Into Pharmacy Channels In Thailand’

 
• By Dean Rudge

Lotus will look forward to adding ophthalmic and respiratory products to its growing portfolio after striking a deal to swallow up Teva’s operations in Thailand.

Asia

Lotus Pharmaceutical is set to further expand its oncology and women’s health products while bolting on a fresh ophthalmic and respiratory portfolio and expanding its presence in Southeast Asia after agreeing to acquire Teva’s operations in Thailand.

The Taiwanese firm is targeting completion of the deal in the third quarter of 2024, at which time Teva Pharma Thailand would transition into a wholly owned subsidiary of Lotus and Lotus will undertake

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