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Sanofi India to sell Nutraceuticals business for ₹587 crore
short by Ravi Dutta Mishra / on Wednesday, 28 July, 2021
Sanofi India would sell and transfer its nutraceuticals business to Universal Nutriscience for ₹587 crore. The nutraceuticals business contributed nearly 5% to its net worth in the financial year ended December 2020. "The company believes that the future potential of the nutraceuticals range would be maximised in an organisation, which can provide deep category understanding," the company said.
read more at BloombergQuint