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Panacea Biotec Pharma sells its pharmaceutical formulation brands in India and Nepal

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Capital Market

For consideration of Rs 1827 cr

Panacea Biotec announced that the asset purchase agreement has been executed on 28 February 2022 for the sale of pharmaceutical formulation brands of the company's material subsidiary, Panacea Biotech Pharma in India and Nepal to Mankind Pharma for an aggregate consideration of Rs 1827 crore.

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First Published: Mar 01 2022 | 4:24 PM IST

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