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Actavis Acquires Plant

1:38 PM MDT | January 10, 2007 | Chemical Week Editorial Staff

Actavis Group (Reykjavík) says it has acquired a manufacturing plant at Alathur southern India from Grandix Pharmaceuticals (Chennai, India), a manufacturing and marketing company, for an undisclosed amount. Actavis says the deal will provide it with low-cost manufacturing and a facility from which it can manufacture products for the U.S. and European markets. Actavis recently opened an active pharmaceutical ingredients development facility in India with the aim of developing 10-15 products every...

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