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Oct 15, 2018 | Dr Reddy’s to sell Hyderabad API unit to Therapiva
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India’s leading drug maker Dr. Reddy’s Laboratories has decided to sell its active pharmaceutical ingredients (APIs) manufacturing facility located in Hyderabad’s Jeedimetla in favor of
Therapiva
, an emerging generics pharmaceutical firm.
Therapiva
is a joint venture between Omnicare Drugs India, a wholly-owned subsidiary of Abu Dhabi based Neopharma LLC, and Laxai Life Sciences
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