Nimbus Health: Dr Reddy's to mark its foray into medical cannabis business with acquisition of Nimbus Health GmbH
Dr Reddy’s Laboratories, the Indian pharmaceutical major has announced that it has entered into a definitive agreement to acquire German medical cannabis firm Nimbus Health GmbH for an undisclosed consideration.
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Nimbus Health is a Germany-based pharmaceutical company that manufactures and wholesales cannabinoid-based drugs for the healthcare sector.
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