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Granules India Ltd Announces Acquisition Of Auctus Pharma And Opening Of New R&D Facility

Monday, 4 Nov 2013 10:07pm EST 

Granules India Ltd announced that the signing of a definitive agreement for the acquisition of Auctus Pharma. The acquisition process is expected to be completed in the next three to six months. Granules also announced that the opening of a 10,000 sq foot R&D facility in Hyderabad. The new R&D facility will focus on full scale generic API development and will supplement the Company's existing R&D facility in Pune which currently focuses on sustainable development. 

Company Quote

3.0 +0.40%
12:53am EST