![]() Moreover, Unichem brings in an important new platform in Torrent's sustainable growth strategy by expanding the Company’s presence in the OTC segment,” Torrent said in a statement. The acquisition will accelerate Torrent's presence in the chronic space especially in the high growth segments of Indian Pharma market like Cardiology, Diabetology and Gastroenterology. The integration will aim to fuel and support strong growth of the acquired Unichem brands, consolidating speciality reach with a relentless focus on enhancing productivity. “From today, Torrent begins the integration of the Unichem business following the successful closure of its acquisition. ![]() This transaction was in pursuance of the definitive binding agreement entered into between Torrent and Unichem on November 3, 2017. On Thursday announced that it has completed acquisition of branded business of Unichem Laboratories Limited for India and Nepal, including its Sikkim manufacturing facility, on a going concern basis by way of slump sale.
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