India's Lambda Therapeutic to Acquire Novum Pharmaceutical of Pittsburgh

Ahmedabad, India-based Lambda Therapeutic Research Limited will acquire Pittsburgh, PA-based Novum Pharmaceutical Research Services for an undisclosed amount. Following the transaction, Novum will continue to operate as a wholly-owned subsidiary of Lambda. Tausif Monif, president of global operations at Lambda, said that the company aims to broaden the scope of...

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