Eris acquires probiotics firm
NEW DELHI: Eris Lifesciences announced the acquisition of the prescription probiotics business of Velbiom Probiotics for Rs 50 crore. This strategic move strengthens Eris' franchises in metabolic wellness and women’s healthcare, says a company statement.
Velbiom is a science-driven bio-therapeutics company committed to the advancement of India-specific microbiome based therapy and research. It is India’s exclusive probiotic company with a wide range of disease specific, strain specific and site-specific probiotic formulations, the statement adds.
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