viatris: Matrix Laboratories founder buys back API Biz from

Nimmagadda Prasad, the founder of Matrix Laboratories, has bought back the active pharmaceutical ingredients (API) business he sold to Mylan NV (now Viatris) in 2006. The acquisition was made through IQuest Enterprises, owned by Prasad. Viatris will retain some selective R&D capabilities in API while divesting its women's healthcare business to Insud Pharma.

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