Recipharm to Acquire Major Stake in Indian Sterile Injectables CMO

Swedish contract development and manufacturing organization, Recipharm, plans to acquire 74 percent of shares of Nitin Lifesciences, an Indian sterile injectables contract manufacturing organization,  for $105.2 million. The deal is expected to take place during Q1 2016, following approval from the Indian Foreign Investment Promotion Board, reports BioSpectrumAsia.   On...

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