Intas Pharmaceuticals acquires Combino Pharm’s hospital biz in Spain and Portugal

Through this acquisition, combined business of both the entities would become the second largest hospital generic player in Spain

Intas Pharmaceuticals has acquired hospital business in Spain and Portugal from Combino Pharm, a company based out of Spain through its subsidiary Accord Healthcare based out of UK and Spain.

Binish Chudgar, Vice Chairman and Managing Director, Intas said, “By means of this acquisition, Accord obtains certain rights over Combino’s Hospital portfolio in a number of European and non-European countries. The acquisition offers lot of synergies to Accord’s already existing sizeable business in Spain and further strengthens and expand its operations in Spain and Portugal with a broader and more robust portfolio of products. Through this acquisition, combined business of both the entities would become the second largest hospital generic player in Spain.”

EP News Bureau – Mumbai