Drugmaker Micro Labs close to striking its first acquisition

Bangalore pharmaceuticals firm Micro Labs Ltd is close to acquiring a Hyderabad drug maker marking its first known inorganic expansion move, two people familiar with the development told VCCircle.Surana family owned four-decade-old private pharma firm Micro Labs, which sold a plant at Baddi (Himachal Pradesh) to Indoco Remedies Ltd in ......