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Lupin’s arm to acquire 100% stake in Southern Cross Pharma Pty

30 Jul 2021 Evaluate

Lupin’s wholly-owned subsidiary -- Generic Health has entered into a definitive agreement under which Lupin will acquire 100% of the shares of Southern Cross Pharma Pty (SCP).  As a part of the transaction, Generic Health will gain access to over 60 registered products having sales of over Australian dollar 30 million (approximately $22 million). This will significantly increase Lupin’s value proposition and market share in the Australian market.

Lupin is an innovation-led transnational pharmaceutical company headquartered in Mumbai, India.

Peers
Company Name CMP
Sun Pharma. Inds. 1810.00
Dr. Reddys Labs. 1200.10
Cipla 1346.85
Lupin 2029.00
Zydus Lifesciences 1145.25
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