Dr. Reddy’s to acquire German medical cannabis firm Nimbus Health

Dr. Reddy’s to acquire German medical cannabis firm Nimbus Health

Dr. Reddy’s Laboratories has agreed to acquire Nimbus Health, a German medical cannabis firm, for an undisclosed price. The Indian pharma company will acquire Nimbus Health for an upfront payment followed by earn-outs that are contingent on performance and milestones over the next four years. Established in 2018, Nimbus Health is the product sales and […]