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    <title>Rubicon Research Limited Completes Acquisition of Alkem&#039;s Pithampur Manufacturing Unit for Rs. 149 Crores</title>
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    <description>Rubicon Research Limited completed an all cash acquisition of a formulations manufacturing facility in the Pithampur SEZ capable of producing steroids, hormones and high potency products, inspected by the US FDA in 2022; the purchase adds a third formulations site, supports capacity expansion, diversification into specialty and drug device combination products, and is intended to strengthen supply chain resilience for regulated markets while the company pursues a proposed IPO subject to regulatory approvals and distribution restrictions.</description>
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