Zydus Healthcare, a subsidiary of Cadila Healthcare, acquired gastrointestinal brand 'Actibile' from drug firm Albert David, according to The Economic Times.
Here are three takeaways:
1. Actibile falls in the gastroenterology segment and is used for dissolving gall bladder stones.
2. Albert David is the pharmaceutical venture of the Kothari Group, an India-based industrial group.
3. Albert David is involved in manufacturing and marketing branded formulations in India and abroad and also has operations in medical disposables.