Acquisitions30 March 2026 at 02:51 pm
CORONA Remedies Acquires Wokadine® from Dr. Reddy’s in India
AI Summary
CORONA Remedies Limited has announced the acquisition of Wokadine® from Dr. Reddy’s Laboratories Ltd. This strategic acquisition marks CORONA’s fifth acquisition and reinforces its commitment to ‘Healing’. The acquisition will enable CORONA to penetrate deeper into targeted specialty and offer wider accessibility. The brand holds strong potential for accelerated growth under CORONA Remedies’ stewardship. The acquisition will be fully funded through the company’s internal accruals and cash.
Key Highlights
- CORONA Remedies acquires Wokadine® from Dr. Reddy’s
- This marks the fifth acquisition by CORONA Remedies
- CORONA Remedies will leverage Wokadine®’s legacy of 46 years of trust and protection
- This acquisition increases equity among Surgeons, ENT, General Physicians & Gynaecologists
- The acquisition is a synergy to existing core therapeutic areas
CORONA
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