Novartis unloads U.S. assets at loss to bargain-hunting Aurobindo

September 6, 2018 admin Business News Comments Off on Novartis unloads U.S. assets at loss to bargain-hunting Aurobindo

New Novartis Chief Executive Vas Narasimhan has further reshaped the Swiss drugmaker, announcing on Thursday he is selling U.S. dermatology and generic pill assets to India’s Aurobindo Pharma Ltd for up to $1 billion.

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Source:: Reuters – Business News

      

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