Hyderabad, India-based Aurobindo Pharma signed a definitive agreement to acquire certain assets from Sandoz Inc., U.S.A., a Novartis division, for a consideration of $900 million. The proposed acquisition will be on a debt-free and cash-free basis, and comprises the dermatology business and a portfolio of oral solid products along with commercial...
Novartis Inaugurates 3,500 Employee Center in Hyderabad,India
Novartis Group inaugurated its new business center, Novartis Knowledge City, in Hyderabad, India. A nine-storied structure with a gross area of 800,000 square feet, this facility is the largest of the group’s five global service centers, located in Mexico City, Dublin, Prague, Kuala Lumpur. The Novartis Business Services in Hyderabad...