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JB Chem to sell prescription biz in Russia, CIS to Dr Reddy's
Friday 22nd Jul 2011 24
New Delhi : JB Chemicals & Pharmaceuticals (JBCPL) today said it would sell its prescription products business in Russia and CIS countries to Dr Reddy's Laboratories for Rs 137.5 crore.
Earlier this month, JBCPL had completed the Rs 939 crore deal to sell its over-the-counter business in Russia and CIS countries to Johnson & Johnson arm Cilag GmbH International.
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