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Aurobindo Announces Surprise Deal As COVID-19 Vaccine Progresses

Phase III Trials Of COVID-19 Vaccine Set To Begin

Executive Summary

While its COVID-19 vaccine, partnered with US-based Vaxxinity, is set to move to Phase III trials, Aurobindo has acquired an animal health company as well as several ANDAs and OTC assets. The acquisition and a deceleration in US sales caught analysts by surprise.

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