Eris buys nine derma brands from Glenmark for Rs 340 crore

The nine brands have sales of Rs 87.30 crores for FY22, which represents valuation of 3.9x of the sales of these brands in FY22. The acquired brands include antifungals Onabet, Luligee; topical steroids Halovate, Sorvate, Dosetil and Powercort, demelanising agent Demelan, vitamin-A gels - Aceret.

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