Alkem Laboratories has entered into a business transfer agreement with Rubicon Research on January 6, 2025 to sell its manufacturing facility in Pithampur, Madhya Pradesh. The consideration received from the sale is Rs 149 crore. The sale is part of an ongoing initiative of networking strategy and optimisation of manufacturing facilities.
Alkem Laboratories is a leading Indian pharmaceutical company with global operations, engaged in the development, manufacture and sale of pharmaceutical and nutraceutical products.