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Lupin completes acquisition of two brands from Sanofi in Europe and Canada
IMT News Desk
Lupin completes acquisition of two brands from Sanofi in Europe and Canada
IMT News Desk
The transaction aligns with Lupin's strategy to grow its global presence in specialty areas
Lupin announced that its European hub entity, Lupin Atlantis Holdings, has completed the acquisition of two well-known brands, Aarane in Germany and Nalcrom in Canada and the Netherlands, along with the associated trademark rights, from Sanofi.
The transaction aligns with Lupin's strategy to grow its global presence in speciality areas, where the company has a leading position, with high-quality products that are innovative or unique in the market. This acquisition will enhance Lupin's Respiratory business in Germany, by aiding in the expansion of the newly established franchise, following the introduction of Luforbec.