| | Novartis India to sell Rifampicin bulk drug business for Rs 31 cr | | Our Bureau, Mumbai, Tuesday, March 22, 2005, 08:00 Hrs [IST] |
| | Novartis India Ltd has decided to sell its Rifampicin bulk drug business with its facility situated at Mahad, Maharashtra to Sandoz Pvt Ltd, on a going concern basis for a consideration of Rs 30.7 crore.
Novartis had informed BSE that the members of the Company have approved through postal ballot the proposal for the sale. | | | |
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