
Aurobindo Pharma Limited has received regulatory approval from the US Federal Trade Commission (FTC) for its proposed acquisition of Lannett Company LLC through its wholly owned subsidiary, Aurobindo Pharma USA Inc.
The development marks a key milestone in the transaction process and moves the acquisition closer to completion.
The company informed stock exchanges that the necessary approval from the US Federal Trade Commission has been obtained for the acquisition of Lannett Company LLC.
The approval removes a major regulatory hurdle for the transaction announced earlier by the company.
Aurobindo Pharma had previously disclosed that Aurobindo Pharma USA Inc. entered into a definitive agreement with LANNETT SELLER HOLDCO, INC. to acquire 100% membership interest in Lannett Company LLC. The acquisition is being undertaken through the company's US subsidiary.
Following the receipt of FTC approval, Aurobindo Pharma stated that it expects the transaction to be completed before the end of the current month.
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As of 22 June 2026, at 9:30 AM, Aurobindo Pharma share price was trading at ₹1,494.90 per share, reflecting a decline of 0.19% from the previous trading session.
Aurobindo Pharma has secured FTC approval for its proposed acquisition of Lannett Company LLC through its US subsidiary. With the regulatory clearance in place, the company expects the transaction to be completed before the end of the month, marking an important step in its US market expansion strategy.
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Published on: Jun 22, 2026, 10:50 AM IST

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