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Vivimed Labs to acquire Hungary-based Soneas


Vivimed Labs to acquire Hungary-based Soneas

New Delhi: Drug firm Vivimed Labs said it has inked pacts to acquire Hungary-based contract development and manufacturing firm Soneas for an undisclosed amount.

Vivimed Labs Spain S.L, the parent of Uquifa S.A has signed definitive agreements to facilitate the acquisition of Soneas, Vivimed Labs said in a BSE filing.

“The acquisition broadens Uquifas market offering in the contract development and manufacturing organization (CDMO) space by enhancing its ability to now undertake preclinical, phase I, II and III NCE project development,” Vivimed Labs said.



Source: PTI
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