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Inova Pharma to buy Mundipharma's consumer healthcare brands for $540 million

26 Jun 2023 04:14PM

HONG KONG : Singapore-headquartered iNova Pharmaceuticals will buy a portfolio of consumer healthcare brands from drugmaker Mundipharma International for an enterprise value of $540 million, a spokesperson for the company said on Monday.

The deal will significantly expand iNova's portfolio of consumer health products and add substantial new sales in high-growth markets, said the spokesperson.

Source: Reuters

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