Wednesday, July 30, 2008

Lupin acquires German based Hormosan Pharma

Lupin Limited, a Rs 2700 crore plus company based in Mumbai, has acquired Hormosan Pharma GmbH (Hormosan), a German sales and marketing generics company specialized in the supply of pharmaceutical products for the Central Nervous System (CNS).

Hormosan, with total sales of €6.8 million for the year ended December 2007, develops, licenses and markets a range of generics in Germany. Hormosan has a complementary product portfolio with products in the central nervous system and cardiovascular therapeutic segments.

The details can be read here.

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