The company has completed sale of its remaining 20 per cent stake in Otsuka Pharmaceutical India Pvt Ltd to Otsuka Pharmaceutical Factory Inc (Japan), Claris Lifesciences said in a filing to BSE.
The company had earlier announced in a regulatory filing in May this year about the decision of its board to sell its stake in the joint venture to Otsuka Pharmaceutical Factory Inc for USD 20 million.
The company's JV was with Otsuka Pharmaceutical Factory Inc and Mitsui & Co, it added.
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