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VERIFIEDET Finance·positive
Aurobindo Pharma clears key US hurdle in Lannett acquisition, closing expected soon
AI Summary
- ·Aurobindo Pharma has received antitrust clearance from the US Federal Trade Commission for its takeover of Lannett Company.
- ·This regulatory approval removes the final hurdle for the acquisition.
- ·The acquisition is expected to close by the end of June.