Ind-Swift Labs to sell pharma ingredients ops to Synthimed Labs for $198 mn
Ind-Swift Labs will sell its active pharmaceuticals ingredients (API) and contract research and manufacturing services (CRAMS) business
 "Ind-Swift Labs to sell pharma ingredients ops to Synthimed Labs for $198 mn")
BENGALURU (Reuters) - India's Ind-Swift Laboratories said on Wednesday it would sell its active pharmaceuticals ingredients (API) and contract research and manufacturing services (CRAMS) business to Synthimed Labs in a deal with an enterprise value of 16.50 billion rupees ($198.50 million). ($1 = 83.1238 Indian rupees)
(Reporting by Ashish Chandra in Bengaluru; Editing by Savio D'Souza)
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