The board of Natco Pharma has approved the sale of ‘Save Mart Pharmacy Stores’ in the US that is a non-core business of the firm.

Natco Pharma had informed in a regulatory filing that the board has approved sale of the US stores – a non-core business of the company,

The financial details as well as reasons for the sale of the assets has not been disclosed by the company.

Natco Pharma Inc which is a wholly owned subsidiary owned the stores.

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