Brazil’s Hypera buys Latam OTC products from Sanofi for $190 million

Industry:    2021-07-14

Brazilian pharmaceutical company Hypera SA has acquired 12 over-the-counter (OTC) and prescription brands in Latin America from France’s Sanofi SA for $190.3 million, the company said in a securities filing.

Among the brands acquired are mouth wash Cepacol and antipyretic AAS. Hypera is also buying drugs to treat epilepsy. Hypera has recently bought Takeda’s portfolio in Brazil.

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