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    Aurobindo Pharma Buys Veritaz for Rs 171 Crore to Enter Domestic Formulation Business

    Details:

    Currently, the company caters to anti-infective and pain-management therapeutic areas and has a pipeline of products to enter into the cardio/diabetic and ortho/gynaecology segments, including Veriaz.


    Lead Product(s): Azithromycin

    Therapeutic Area: Infections and Infectious Diseases Product Name: Veriaz

    Highest Development Status: ApprovedProduct Type: Small molecule

    Partner/Sponsor/Collaborator: Aurobindo Pharma Limited

    Deal Size: $22.5 million Upfront Cash: Undisclosed

    Deal Type: Acquisition March 28, 2022

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