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![wegro_app Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::1787088114588209152.png) Wegro App [@wegro_app](/creator/twitter/wegro_app) on x 10.3K followers
Created: 2025-06-14 12:28:24 UTC

Aurobindo Pharma Ltd. announced the incorporation of a new wholly-owned subsidiary, CRESEDEMO PHARMA LLC, in the USA through its subsidiary AUROBINDO PHARMA USA INC. 🇺🇸 This move aims to broaden the company's pharmaceutical business in the US market. The subsidiary was incorporated on June 13, 2025. The initial investment in CRESEDEMO PHARMA LLC is USD 10,000, representing XXX% ownership through the subscription of XXXXXX shares, each with a nominal value of USD XXXX. No governmental or regulatory approvals are required for this acquisition. The entity is a related party of the company.

- 𝗞𝗲𝘆 𝗗𝗲𝘁𝗮𝗶𝗹𝘀:
  ▪ 𝗡𝗮𝗺𝗲: CRESEDEMO PHARMA LLC
  ▪ 𝗜𝗻𝗱𝘂𝘀𝘁𝗿𝘆: Pharmaceuticals 💊
  ▪ 𝗢𝗯𝗷𝗲𝗰𝘁𝗶𝘃𝗲: Expand pharmaceutical business in the USA.
  ▪ 𝗖𝗼𝗻𝘀𝗶𝗱𝗲𝗿𝗮𝘁𝗶𝗼𝗻: XXX% subscription to share capital in cash.
  ▪ 𝗜𝗻𝘃𝗲𝘀𝘁𝗺𝗲𝗻𝘁: USD XXXXXX for XXX% ownership.
  ▪ 𝗗𝗮𝘁𝗲 𝗼𝗳 𝗜𝗻𝗰𝗼𝗿𝗽𝗼𝗿𝗮𝘁𝗶𝗼𝗻: June 13, 2025.

This strategic move is expected to strengthen Aurobindo Pharma's presence in the US market. 🚀

📊 AUROBINDO PHARMA LTD | 🏷️ Acquisition

🌐 Details:

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**Related Topics**
[united states dollar](/topic/united-states-dollar)
[investment](/topic/investment)
[united states](/topic/united-states)
[aurobindo pharma](/topic/aurobindo-pharma)
[$auropharmans](/topic/$auropharmans)

[Post Link](https://x.com/wegro_app/status/1933864095184273469)