Torrent Acquires Chronic Brands From Dr. Reddy’s, Folds Up US Liquids Business
Aczone Tracks Well Post Launch
Executive Summary
Torrent is recalibrating strategy with the addition of chronic therapies from Dr. Reddy’s while it folds up an unsustainable liquids business in US. The latter resulted in the company reporting a Q4 loss but a timely bonus share issue propped up investor sentiment.
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