Drugmaker Micro Labs close to striking its first acquisition

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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 ......