India's Laurus Labs buys Richcore Lifesciences for $33m from Eight Roads, Ventureast

India's Laurus Labs buys Richcore Lifesciences for $33m from Eight Roads, Ventureast

Photo: Bloomberg

Indian drugmaker Laurus Labs on Wednesday signed a definitive agreement to acquire 72.55% of Richcore’s shares from Eight Roads Ventures and VenturEast for 246.67 crore ($33 million), according to a filing to the exchange.