Date:20/7/11,
M&A,
Domestic Deal,
Shilpa Medicare Ltd, a Karnataka based pharma company, acquires undisclosed controlling stake in Hyderabad based Nu Therapeutics Pvt Ltd for undisclosed amount.
Shilpa Medicare Ltd established in 1987 and manufactures API, fine chemicals, intermediates, herbal products and specialty chemical products.
Nu TherapeuticsPvt Ltd manufactures oral fast dissolving thin strip dosage jointly with others.
Last year,
Nu TherapeuticsPvt Ltd manufactures oral fast dissolving thin strip dosage jointly with others.
Last year,
Shilpa Medicare Ltd invests undisclosedamount in Nu Therapeutics Pvt Ltd
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