Binnopharm to acquire two anti-bacterial brands from Dr Reddy's

21 February 2022

Binnopharm Group, leading drug producer in Russia via its affiliate Alium, and Indian pharm major Dr Reddy's Laboratories (BSE: 500124) today announced the signing of a deal that will allow Binnopharm Group to acquire anti-bacterial medicines under the Ciprolet (ciprofloxacin) and Levolet (levofloxacin) brands from Dr Reddy’s in Russia, Uzbekistan and Belarus.

The portfolio includes various dosage forms such as tablets, solution for infusions and eye drops. No financial terms of the accord were revealed.

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