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Aurobindo Pharma acquires business and certain assets of Veritaz Healthcare

05 Jul 2022 Evaluate

Aurobindo Pharma has completed the acquisition of business and certain assets of Veritaz Healthcare. Earlier, the company had received approval of the Board of Directors of the Company for the acquisition of the same.

Veritaz operates in pharmaceutical industry in India and sells branded generic formulations and other health care related products.

Aurobindo Pharma is engaged in manufacturing pharmaceutical products. It offers active pharmaceutical ingredients, intermediates and generic formulations like astemizole, domeperidone and omeprazole; anti-infective, oral and sterile antibiotics, pain management and osteoporosis segments.

Peers
Company Name CMP
Sun Pharma. Inds. 1752.50
Dr. Reddys Labs. 1180.00
Cipla 1305.00
Lupin 1942.00
Zydus Lifesciences 1115.20
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