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Sun Pharma divests US manufacturing unit

Increase font size  Decrease font size Date:2015-12-16   Views:847

As a part of the agreement, the Sun Pharma subsidiary has divested this unit as a going concern along with the employees and related products to Nostrum. During the divestment process, Sun Pharma was cognizant that the interests of its employees working in the unit were not compromised.

While other details of the transaction are confidential, the financial impact of this development on Sun Pharma is negligible.

 
 
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