MoneyWorks4Me

Natco Pharma to sell US-based pharmacy stores

31 Mar 2016 Evaluate

Natco Pharma has received its board's approval for the sale of Save Mart Pharmacy Stores located in USA, which is a non-core business of the Company. The Save Mart Pharmacy Stores is being owned by Natco Pharma Inc, a wholly owned subsidiary of the Company.

Natco Pharma is engaged in developing, manufacturing and marketing finished dosage formulations (FDF) and active pharmaceutical ingredients (APIs). Its operating segments include active pharmaceuticals ingredient, finished dosage formulations, job works, pharmacy and others.

Peers
Company Name CMP
Sun Pharma. Inds. 1842.00
Dr. Reddys Labs. 1161.00
Cipla 1365.00
Lupin 2096.00
Zydus Lifesciences 1119.50
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