Tuesday, November 3, 2015

Sun Pharma acquires US 'InSite Vision'

EFT Report, Chennai: Sun Pharmaceutical Industries Ltd on Tuesday said it has successfully completed the acquisition of US-based ophthalmic drug maker InSite Vision Inc.

In a statement, Sun Pharma said the acquisition was completed by means of a short-form merger under Delaware law.

Post the short-form merger, Insite has become an indirect wholly owned subsidiary of Sun Pharma, the statement added.

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