India Digest: Dr. Reddy’s-Neopharma deal; Mumbai Angels, 1Crowd back Snackible

Drugmaker Dr. Reddy’s Laboratories Ltd on Monday announced that it has sold its antibiotic manufacturing facility and related assets in Bristol, Tennessee to Neopharma Inc. In the startup funding space, Snackible has raised an undisclosed amount in funding from Mumbai Angels Network and 1Crowd.

Dr. Reddy’s sells US antibiotic plant to  Neopharma

Drugmaker Dr. Reddy’s Laboratories Ltd on Monday announced that it has sold its antibiotic manufacturing facility and related assets in Bristol, Tennessee to Neopharma Inc., a wholly-owned subsidiary of UAE-based pharmaceutical Neopharma.

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