Taro shareholders approved merger with Sun Pharma
The merger was approved at meetings on May 22, 2024, and is expected to close in about 35 days, pending conditions.
Latest Taro Pharmaceutical Industries News & Updates
See the latest news and media coverage for Taro. We track all announcements, press releases, and industry mentions in real time, all in one place.
Generic pharmaceutical and consumer healthcare company
taro.com- Headquarters
- United States
- Company type
- Public company
- Number of employees
- 1,200–5,000
- Industry
- Pharmaceuticals
Last updated
Latest news about Taro Pharmaceutical Industries (Taro)
In short: Taro merged with Sun Pharma and faced recalls, lawsuits, and new generic product launches.
Company announcements
Taro announces merger agreement with Sun Pharma
Sun Pharma will acquire all outstanding Taro shares for US$43.00 per share in cash.
Taro Pharma announces USFDA approval for generic Prevacid
The generic lansoprazole delayed-release capsules are approved by the FDA.
Taro announces USFDA approval for generic Depo-Testosterone Injection
This approval allows Taro to market a generic alternative to Depo-Testosterone Injection.
Media coverage
Sun Pharma Launches Taro-Methylphenidate ER, Generic Alternative To Concerta
NEW DELHI (dpa-AFX) - Sun Pharmaceutical Industries Ltd. (SUNPHARMA), a pharmaceutical company, on Thursday announced the commercial availability of Taro-Methylphenidate ER for patients in Ontario...
Sun Pharma subsidiaries settle US generic drug pricing antitrust case for confidential amount
Sun Pharma's subsidiaries have reached a settlement with a plaintiff in the US generic pharmaceuticals pricing antitrust litigation for a confidential amount. The agreement provides...
The Taro stock is sold off after cash takeover
The Taro stock has disappeared from the exchange at $32.25 per share following a cash takeover. The pharmaceutical company, which focuses on dermatology, is being fully integrated, while...
Taro Appoints Interim CEO | PharmExec
Taro Pharmaceutical Industries (Hawthorne, NY) announced that its Board of Directors has appointed Mr. Abhay Gandhi to the position of Interim Chief Executive Officer, effective...
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