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6/27/23 at 5:48pm
Organization
Moneycontrol
Author
Ashwin Mohan
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Glenmark Pharma had undergone a similar exercise in May 2019, when it spun off its API business into a new entity called Glenmark Life Sciences, which made its public market debut in August 2021
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https://www.moneycontrol.com/news/business/lupin-exploring-demerger-of-api-biz-to-unlock-value-10861591.html
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