Solara Active Pharma Sciences has entered into a business transfer agreement with SeQuent Scientific for sale of API facility at Mahad. The total consideration for the unit would be Rs 46.40 crore. The company has decided to hive-off Mahad unit as it is not aligned to multi product and US focused business of the company.
Solara Active Pharma Sciences is a young, dynamic, entrepreneurial and customer oriented API manufacturer.