Natco Pharma acquires Dash Pharma
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New Delhi: Natco Pharma Inc. USA, a wholly owned subsidiary of NATCO Pharma Limited , has completed the acquisition of Dash Pharmaceuticals LLC, a New Jersey based entity.
Pursuant to this, Dash will become a 100% wholly owned subsidiary of NATCO Pharma Inc. and a step-down subsidiary of NATCO.
The acquisition amount paid is US$ 18 million. Dash is a front-end pharmaceutical sales, marketing and distribution entity in the USA which is expected to have Net Sales of approximately USD 15 million for the financial year ending December 2021.
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