Dr. Reddy’s in Talks for Acquisition as Novartis Mulls Divestment of Indian Arm, Novartis India Stock Surges
Dr. Reddy’s, a prominent Indian pharmaceutical company, has emerged as a potential acquirer for Novartis AG’s stake in Novartis India Limited, marking a significant move within the pharmaceutical industry. This development comes following Novartis AG’s announcement of a strategic review of its subsidiary, Novartis India Limited, encompassing various facets, including the Swiss pharmaceutical giant’s 70.68 … Read more