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Arvind Mafatlal Buys Out Iveon Laboratories

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The purchase was made under the new joint venture company of the Mafatlal group, which recently commissioned a plant for the manufacture of pharmaceutical products at Ranjangaon near Pune.

The plant, which is under a trial run, is expected to be commissioned this month.

Iveon Laboratories makes bulk drugs, formulations and parenteral products. A Mafatlal spokesman said Fresenius Mafatlal would be able to leverage Iveon

Arvind Mafatlal Buys Out Iveon Laboratories

Arvind Mafatlal Buys Out Iveon Laboratories

The purchase was made under the new joint venture company of the Mafatlal group, which recently commissioned a plant for the manufacture of pharmaceutical products at Ranjangaon near Pune.

The plant, which is under a trial run, is expected to be commissioned this month.

Iveon Laboratories makes bulk drugs, formulations and parenteral products. A Mafatlal spokesman said Fresenius Mafatlal would be able to leverage Iveon image

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