Laurus Labs has completed acquisition of 72.55% stake in Richcore Lifesciences. With this transaction Richcore Lifesciences has become a subsidiary company of Laurus Labs.
Earlier, the company had signed definitive agreements to acquire a majority stake in Richcore Lifesciences (Richcore). Richcore, a fast-growing biotech company based in Bengaluru with its advanced R&D and manufacturing facilities, develops and manufactures biotech products critical for manufacturing biological drugs.
Laurus Labs is a leading research and development driven pharmaceutical company in India. The company has grown consistently to become one of the leading manufacturers of APIs for anti-retroviral (ARV) and Hepatitis C. It also manufactures APIs in oncology and other therapeutic areas.
| Company Name | CMP |
|---|---|
| Sun Pharma Inds. | 1674.00 |
| Dr. Reddys Lab | 1221.00 |
| Cipla | 1230.55 |
| Zydus Lifesciences | 930.45 |
| Lupin | 2323.00 |
| View more.. | |
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