Dr. Reddy's Laboratories Ltd. To Acquire Select Portfolio Of The Established Products Business Of UCB In India

HYDERABAD, India--(BUSINESS WIRE)--Dr. Reddy’s Laboratories today announced that it has entered into a definitive agreement to acquire a select portfolio of the established products business of UCB, in the territories of India, Nepal, Sri Lanka and Maldives. The acquired business is being sold on a slump sale basis. The transaction includes approximately 350 employees engaged in operations of the India Business. The revenues of the acquired business is approximately INR 150 Crores for calendar year 2014.

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