Natco to buy U.S. firm Dash in $18-mn deal
The Hindu
Drugmaker Natco Pharma is planning to acquire U.S. firm Dash Pharmaceuticals LLC, for a cash consideration of $18 million, through one of its subsidiaries. The acquisition, which is likely to be compl
Drugmaker Natco Pharma is planning to acquire U.S. firm Dash Pharmaceuticals LLC, for a cash consideration of $18 million, through one of its subsidiaries.
The acquisition, which is likely to be completed by January, will provide a front-end to engage with its customers directly in the U.S., the largest pharmaceutical market in the world, Natco Pharma said on Tuesday.
In a filing with the stock exchange, following a meeting of the Board, Natco said it proposed to enter into an agreement to acquire 100% stake in Dash Pharmaceuticals. The transaction will be subject to satisfactory completion of due diligence, execution of definitive agreements and compliance with statutory requirements.
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