Moneycontrol
you are here: HomeNewsBusiness
Last Updated : Nov 13, 2018 02:13 PM IST | Source: PTI

Aurobindo inks pact to acquire Australian pharma firm's product

Aurobindo Pharma has said it's wholly-owned subsidiaryhas entered into an agreement to acquire a product under development and related assets from Australia-based Advent Pharmaceuticals Pty Ltd for USD 12.5 million.

 
 
live
  • bselive
  • nselive
Volume
Todays L/H
More

Aurobindo Pharma has said it's wholly-owned subsidiaryhas entered into an agreement to acquire a product under development and related assets from Australia-based Advent Pharmaceuticals Pty Ltd for USD 12.5 million.

"Our wholly-owned subsidiary, Aurobindo Pharma USA Inc., USA, has entered into an agreement to acquire a product under development and related assets from Advent Pharmaceuticals Pty Ltd, Australia, through AuroScience Pty Limited, Melbourne, a 100 per cent subsidiary of Aurobindo Pharma USA Inc, USA," a regulatory filing from Aurobindo said Monday.

Based out of Melbourne, Advent Pharmaceuticals is engaged in developing and commercialising generic inhaled medicines for global markets.
First Published on Nov 13, 2018 02:10 pm
Loading...
Sections
Follow us on
Available On