India's Gland Pharma to buy France's Cenexi for $124m

India's Gland Pharma to buy France's Cenexi for $124m

India's Gland Pharma to buy Cenexi for $124 mln in Europe push

Indian generic injectables maker Gland Pharma Ltd said on Tuesday it will buy privately held French pharmaceutical firm Cenexi for 120 million euros ($124.3 million) as it looks to expand its presence in European markets.