Aurobindo Pharma to Sell Chinese Ingredient Unit to Sinopharm
1/11/2011 6:48:35 AM
January 11, 2011 -- China National Pharmaceutical Group Corporation (Sinopharm) will purchase 80% of an Aurobindo Pharma subsidiary in China. Aurobindo is an Indian generic pharmaceutical company, and its China subsidiary makes 6-APA, a derivative of Penicillin-G that Aurobindo uses for its own antibiotic products, which are manufactured in India. More details....