HONG KONG :Singapore-headquartered iNova Pharmaceuticals will buy a portfolio of consumer healthcare brands from Sackler-owned Mundipharma International for an enterprise value of $540 million, a spokesperson for the company said on Monday.The deal will significantly expand iNova's portfolio of consumer healt
HONG KONG :Singapore-headquartered iNova Pharmaceuticals will buy a portfolio of consumer healthcare brands from Sackler-owned Mundipharma International for an enterprise value of $540 million, a spokesperson for the company said on Monday.
Following the deal, iNova’s consumer health product portfolio will account for over 80 per cent of its total product sales, with Asia as the largest region in terms of sales, representing around 35 per cent of the company's revenue, the company said. Betadine, a brand specialising in antiseptic first-aid products, accounts for approximately 90 per cent of sales of the acquired product portfolio, iNova said.
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