Aurobindo Pharma subsidiary sells its entire stake in the ‘Novagen’ JV | Capital market news

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Aurogen South Africa (Aurogen), a wholly owned subsidiary of Aurobindo Pharma in South Africa, has entered into an agreement with Novabee Proprietary to sell and divest Aurogen’s entire 50% shareholding in Novagen. After the sale of 50% of the shares held by Aurogen, Aurogen will cease to be the joint venture partner of Novagen.

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First publication: October 5, 2024 | 10:21 a.m. STI

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