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September 8, 2026

Novartis India acquires Pfizer brands for $132m

Novartis India has agreed to pay Rs12.5bn ($132m) to acquire the Minipres and Minipress trademarks in India, along with certain associated intellectual property rights, from Pfizer and Pfizer Products.

Novartis India’s board cleared the deal, after which the company signed an asset purchase agreement with Pfizer entities. Credit: JHVEPhoto / Shutterstock.com.