Sun Pharma announces successful completion of opiates business acquisition in Australia

TGA

1 September 2015 - Sun Pharmaceutical Industries Ltd., today begins the integration of its opiates business in Australia following the successful completion of this acquisition from GSK (announced in March 2015). This acquisition fortifies Sun Pharma’s global position with two opiates manufacturing facilities in Port Fairy & Latrobe (both in Australia) complementing its current API manufacturing footprint globally. Sun Pharma now offers a rich basket of opiates product line in addition to a large API portfolio and dosage formulations covering a broad range of chronic and acute prescription drugs. The acquisition also brings a specialized team to drive business growth.

For more details, go to: http://www.sunpharma.com/media/press-releases

Michael Wonder

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Michael Wonder

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Medicine , Australia