Sun Pharmaceutical Industries Ltd.

BSE: 524715 | NSE: SUNPHARMA
Large Cap | Pharmaceuticals & Drugs
1631.65
-2.75 (-0.17%)
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Sun Pharma's arm to commence distribution of its formulation products in India

Date: 09-04-2019

Sun Pharmaceutical Industries’ wholly owned subsidiary -- Sun Pharma Distributors will commence distributing its formulation products in India from this month in a phased manner on the same terms as was with Aditya Medisales. This phased transition is expected to be fully completed by the first quarter of 2019-20.

In January, the company had announced that distribution related to the company's India domestic formulations business shall be transitioned from Aditya Medisales to its wholly-owned subsidiary.

Sun Pharmaceutical Industries is the world’s fourth largest specialty generic pharmaceutical company and India’s top pharmaceutical company.