Aurobindo Pharma acquires business and certain assets of Veritaz Healthcare
Aurobindo Pharma has completed the acquisition of business and certain assets of Veritaz Healthcare. Earlier, the company had received approval of the Board of Directors of the Company for the acquisition of the same.
Veritaz operates in pharmaceutical industry in India and sells branded generic formulations and other health care related products.
Aurobindo Pharma is engaged in manufacturing pharmaceutical products. It offers active pharmaceutical ingredients, intermediates and generic formulations like astemizole, domeperidone and omeprazole; anti-infective, oral and sterile antibiotics, pain management and osteoporosis segments.