Lupin to buy established products portfolio in Europe, Canada from Sanofi for Rs 91 crore
Under the agreement, Lupin will acquire brands AARANE in Germany and NALCROM in Canada and the Netherlands.;
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New Delhi: Home-grown pharma major Lupin Ltd has said it acquired a portfolio of established products in Europe and Canada from Sanofi for a purchase consideration of EUR 10 million (Rs 91 crore).
Lupin Atlantis Holdings SA, Switzerland, a wholly-owned subsidiary of the company, has signed an asset purchase agreement with Sanofi, a French multinational pharmaceutical and healthcare company, for the purpose, Lupin said in a regulatory filing.
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