Aurobindo Pharma has received approval for purchase of entire equity shares of Theranym Biologics, a step-down wholly owned subsidiary of the Company, from Curateq Biologics, also a wholly owned subsidiary of the company, and make Theranym Biologics a direct subsidiary of the company. The Board of Directors of the Company at its meeting held November 9, 2023, has approved the same.
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.