India: Eris Lifesciences to acquire Biocon Biologics's nephrology & dermatology unit

India: Eris Lifesciences to acquire Biocon Biologics's nephrology & dermatology unit

Photo by Artur Tumasjan on Unsplash

India-based pharmaceutical company Eris Lifesciences is set to acquire Biocon Biologics’s nephrology and dermatology formulations unit for a consideration of Rs 366 crore, inclusive of working capital conveyed as part of the deal, according to a company statement.

Edited by: Joymitra Rai