India's Ipca Labs Acquires Majority Stake in Bayshore Pharmaceuticals, U.S.

Ipca Pharmaceuticals Inc., USA, the wholly owned subsidiary of Mumbai-based pharmaceutical company Ipca Laboratories acquired an 80 percent stake in New Jersey-based  Bayshore Pharmaceuticals LLC for $10 million. The acquisition will enable the parent company to commercialize its registered generics drug products in the U.S. market. For the financial year...

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