27 May 2022 , 10:31 AM
The Uractiv portfolio comprises food supplements including minerals, vitamins, and adjuvants; cosmetics, and medical devices used for maintaining urinary tract health.
Uractiv is the No. 1 brand in its category in Romania, trusted by consumers for more than 10 years. The portfolio including 12 SKUs has annualized revenues of approximately US$ 8.7 million. The products cater to both adults and children.
"We are excited to add UractivTM to our consumer healthcare portfolio in Romania. This acquisition is in line with our strategy to further expand our non-prescription product basket in Romania and neighbouring markets,” said Aalok Shanghvi, EVP & HeadGeneric R&D, Generic Global BD, and Emerging Markets, Sun Pharma.
This acquisition is further subject to customary closing conditions and necessary regulatory approvals. The financial terms of the transaction are confidential.
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