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Shilpa Medicare acquires controlling stake in Nu Therapeutics

19 Jul 2011 Evaluate

Shilpa Medicare has acquired controlling stake in Nu Therapeutics. Nu is established by the Technocarts for manufacturing of “Oral Fast Dissolving Thin Strip Dosage” jointly with others. It has filed several patents, technical designs/plans, concepts and expects to commence production shortly. In India it is one of few units of its kind.

With Shilpa’s rich experience in API’s manufacturing, marketing specially in exporting to Hard Currency Countries, the acquisition would help to penetrate into Nish formulation markets.

Shilpa Medicare produces and exports consistently high-quality Active Pharmaceutical Ingredients Fine Chemicals, intermediates, herbal products and speciality chemical products using sophisticated technology, meticulously following international specifications.

Shilpa Medicare Share Price

411.55 0.30 (0.07%)
17-Apr-2026 16:59 View Price Chart
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Company Name CMP
Sun Pharma Inds. 1675.20
Dr. Reddys Lab 1235.40
Cipla 1238.30
Zydus Lifesciences 942.55
Lupin 2324.25
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