As on (17 Apr 2024 | 21:58)
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Sun Pharmaceutical to acquire 16.7% stake in Lyndra Therapeutics Inc. Back
(18 Dec 2023)

Sun Pharmaceutical Industries has entered into agreement to acquire stake ~16.7% shares on fully diluted basis, in Lyndra Therapeutics, Inc., a company based in Massachusetts, engaged in the business of developing novel delivery technology for long-acting oral (LAO) therapies.

The cost of acquisition is USD 30 million.