Sanofi’s Aventis Pharma Ltd. agreed to buy the branded nutraceuticals unit of India’s Universal Medicare Pvt. Ltd., Aventis said in a statement on its website today. Terms of the transaction weren’t announced.
Universal Medicare unit makes vitamins, antioxidants, mineral supplements and anti-arthritics, according to the statement.
To contact the editor responsible for this story: Phil Serafino at pserafino@bloomberg.net
via bloomberg.com
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