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Aurobindo Pharma informs about acquisition

02 Mar 2019 Evaluate

With reference to its letter dated January 17, 2019 informing about entering into a definitive agreement to acquire seven marketed oncology injectable products, intellectual property and commercial infrastructure from Spectrum Pharmaceuticals Inc., (NASDAQ:SPPI), a US based global branded oncology company by Acrotech Biopharma LLC, a wholly owned subsidiary of Aurobindo Pharma USA Inc., USA, which in turn is a wholly owned subsidiary of the Company. In this regard, Aurobindo Pharma has informed that the aforesaid acquisition has been completed on March 1, 2019.

The above information is a part of company’s filings submitted to BSE.

 


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