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Friday, September 22, 2023

Lupin to buy 5 drug brands from Menarini

Lupin is set to acquire five legacy pharmaceutical brands, including Piclin, Menoctyl, Sucramal O, Pyridium, and Distaclor, in the fields of gastroenterology, urology, and anti-infectives from Menarini, along with trademark rights. The deal, valued at approximately Rs 100 crore, was announced through a BSE filing, with no further financial details disclosed.

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