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The Uractiv portfolio contains meals dietary supplements together with minerals, nutritional vitamins and adjuvants; cosmetics and medical units used for sustaining urinary tract well being.
Uractiv is the No. 1 model in its class in Romania, with a portfolio together with 12 inventory retaining models (SKUs) having annualised revenues of roughly $8.7 million.
The merchandise cater to each adults and youngsters.
“We’re excited so as to add Uractiv to our client healthcare portfolio in Romania. This acquisition is in step with our technique to additional increase our non-prescription product basket in Romania and neighbouring markets,” mentioned Aalok Shanghvi, EVP & head-generic R&D, and rising markets, Solar Pharma.
“We now have a powerful presence in Romania with Terapia being the primary firm within the generics and OTC market. We are going to leverage our sturdy advertising and distribution strengths to develop these manufacturers additional,” he added.
The acquisition is topic to customary closing situations and obligatory regulatory approvals.
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