Aurobindo Pharma acquires 80% stake in Tergene Biotech

Industry:    7 days ago

Aurobindo Pharma has completed the acquisition of 80% stake in Tergene Biotech, a step-down subsidiary of the company and also a joint venture company, held by Auro Vaccines, a wholly owned stepdown subsidiary of the company. With this, with effect from 26 February 2025, Tergene has become a direct subsidiary of the company.

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