Sun Pharma settles

September 2, 2015

Sun Pharmaceutical Industries has completed its acquisition and begun the integration of its new opiates business in Australia. Sun Pharma bought the division from GlaxoSmithKline earlier this year (PD 04 Mar), including two opiates manufacturing facilities in Port Fairy and Latrobe. The acquisition allows Sun Pharma to expand its narcotics raw material market share and enhance its opiate alkaloids portfolio, as well as strengthening its strategic position in global opiates. Anil Kumar Jain, ceo of API Business, Sun Pharma, said the company will be able to capitalise on its “global ranking in the specialty generics market.”

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Pharmacy Daily | Sun Pharma settles

Sun Pharma settles

Other recent headlines

MDR’s results surpass expectations

Call to restructure CSO

Camden takes top spot

SEARCH PHARMACY DAILY

Featured video

Recent issues

INDUSTRY JOB VACANCIES