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June 22, 2026
To To
Listing Department, The Corporate Relations Department
NATIONAL STOCK EXCHANGE OF INDIA LIMITED BSE LIMITED
Exchange Plaza, Bandra Kurla Complex,Bandra (E), Phiroz Jeejeebhoy Towers, 25th floor, Dalal Street,
MUMBAI -400 051 MUMBAI -400 001
Company Code No. AUROPHARMA Company Code No. 524804
Dear Sir/ Madam,
Sub: Press Release - Aurobindo Pharma USA Receives FTC Approval to Acquire Lannett Company
We enclose a copy of the Press Release that is being issued by the Company in connection with receipt of
approval by Aurobindo Pharma USA, Inc. (“Aurobindo USA”), a wholly owned subsidiary of the Company from
the U.S. Federal Trade Commission (FTC) to proceed with the acquisition of Lannett Company LLC
(“Lannett”).
Please take the information on record.
Thanking you,
Yours faithfully,
For AUROBINDO PHARMA LIMITED
B. Adi Reddy
Company Secretary
Encl: as above
Corp. Off.: Galaxy, Floors: 22-24, Plot No.1, Survey No.83/1, Hyderabad Knowledge City, Raidurg Panmaktha, Ranga Reddy District, Hyderabad – 500 032, Telangana, India.
Tel : +91 40 6672 5000 / 6672 1200 Fax: +91 40 6707 4044.
Regd. off.: Plot No. 2, Maithrivihar, Ameerpet, Hyderabad - 500 038, Telangana., India. Tel: +91 40 2373 6370/ 2374 7340 Fax: +91 40 2374 1080 / 2374 6833
Email: info@aurobindo.com Website: www.aurobindo.com
Press Release
June 22, 2026
Aurobindo Pharma USA Receives FTC Approval to Acquire Lannett Company
East Windsor, NJ — Aurobindo Pharma USA, Inc. (“Aurobindo USA”), a wholly owned subsidiary of the
Company, today announced that it has received approval from the U.S. Federal Trade Commission (FTC) to
proceed with the acquisition of Lannett Company LLC (“Lannett”). The transaction, valued at $250 million
on a cash-free, debt-free basis and inclusive of normalized working capital, is expected to close before the
end of June 2026.
Lannett, a Pennsylvania-based generic pharmaceutical company, specializes in the development and
commercialization of a diversified portfolio of complex, non-opioid controlled substances. The acquisition
will significantly expand Aurobindo USA’s product offering in this segment while adding a U.S.-based
manufacturing facility to its network.
Lannett’s manufacturing site in Seymour, Indiana, has the capacity to scale production to approximately 4
billion doses annually, strengthening Aurobindo USA’s domestic manufacturing footprint. This enhanced
capacity aligns with U.S. policy priorities aimed at improving supply chain resilience and increasing
domestic pharmaceutical production.
The transaction is expected to be immediately accretive to Aurobindo Group’s earnings per share. In
addition to near-term financial benefits, the acquisition is anticipated to generate meaningful cost
efficiencies, SG&A synergies, and operational integration advantages. It will also enhance the company’s
portfolio with a differentiated pipeline of complex generics and controlled substances, supporting
sustainable long-term growth.
Swami S. Iyer, Chief Executive Officer of Aurobindo Pharma USA, said, “This acquisition represents a
highly compelling strategic and financial opportunity for Aurobindo USA. It accelerates our revenue
growth, strengthens our U.S.-based manufacturing capabilities, and enhances our position in complex,
non-opioid controlled substances. We are confident it will deliver immediate earnings accretion while
creating long-term value for our shareholders through operational synergies and pipeline expansion. We
are pleased to welcome the Lannett team and look forward to leveraging our combined strengths to
expand and ensure reliable access to critical medications for patients.”
Tim Crew, Lannett Company’s Chief Executive Officer, said, “We are delighted to be joining forces with
Aurobindo. As one of the nation’s oldest generic pharmaceutical companies, Lannett has a proud history of
helping patients access affordable medicines. Aurobindo’s market reach and resources will help make our
portfolio of medicines even more affordable and accessible for patients everywhere. Our board and
owners extend their sincere appreciation to the outstanding teams at both companies whose
professionalism, commitment, and hard work have successfully brought us to this important moment. We
look forward to building on all that has come before as we begin a bright and exciting next chapter.”
Corp. Off.: Galaxy, Floors: 22-24, Plot No.1, Survey No.83/1, Hyderabad Knowledge City, Raidurg Panmaktha, Ranga Reddy District, Hyderabad – 500 032, Telangana, India.
Tel : +91 40 6672 5000 / 6672 1200 Fax: +91 40 6707 4044.
Regd. off.: Plot No. 2, Maithrivihar, Ameerpet, Hyderabad - 500 038, Telangana., India. Tel: +91 40 2373 6370/ 2374 7340 Fax: +91 40 2374 1080 / 2374 6833
Email: info@aurobindo.com Website: www.aurobindo.com
A bout Aurobindo Pharma USA, Inc.
Aurobindo Pharma USA, Inc. is a leading pharmaceutical company focused on the development,
manufacturing, and commercialization of a broad range of generic and specialty pharmaceutical
products.
About Lannett Company LLC
Lannett Company LLC is a Pennsylvania-based pharmaceutical company specializing in the
development and commercialization of complex generic pharmaceutical products, including non-opioid
controlled substances.
About Aurobindo Pharma Limited
Aurobindo Pharma Limited (www.aurobindo.com), (NSE: AUROPHARMA, BSE: 524804, Reuters:
ARBN.NS, Bloomberg: ARBP IN) is an integrated global pharmaceutical company headquartered in
Hyderabad, India. The Company develops, manufactures, and commercializes a wide range of generic
pharmaceuticals, branded specialty pharmaceuticals and active pharmaceutical ingredients globally in
over 150 countries.
The company has 30+ manufacturing and packaging facilities that are approved by leading regulatory
agencies including USFDA, UK MHRA, EDQM, Japan PMDA, WHO, Health Canada, South Africa MCC,
Brazil ANVISA. The Company’s robust product portfolio is spread over seven major therapeutic/product
areas encompassing CNS, Anti-Retroviral, CVS, Antibiotics, Gastroenterological, Anti-Diabetics and Anti-
Allergic, supported by a strong R&D set-up. To know more, please log on to www.aurobindo.com
For further information or queries, please contact:
Investor Relations | Corporate Communications
Phone: +91 40 66751211 | 66725000
Email: ir@aurobindo.com
Disclaimer:
This press release contains statements that may constitute “forward looking statements” including and
without limitation, statements relating to product characteristics and uses, sales potential and target
dates for product launch, implementation of strategic initiatives, and other statements relating to our
future business developments and economic performance. While these forward-looking statements
represent our judgment and future expectations concerning the development of our business, a
number of risks, uncertainties and other factors could cause actual developments and results to differ
materially from our expectations. The company undertakes no obligation to publicly revise any
forward-looking statements to reflect future events or circumstances and will not be held liable for any
use of this information.
Corp. Off.: Galaxy, Floors: 22-24, Plot No.1, Survey No.83/1, Hyderabad Knowledge City, Raidurg Panmaktha, Ranga Reddy District, Hyderabad – 500 032, Telangana, India.
Tel : +91 40 6672 5000 / 6672 1200 Fax: +91 40 6707 4044.
Regd. off.: Plot No. 2, Maithrivihar, Ameerpet, Hyderabad - 500 038, Telangana., India. Tel: +91 40 2373 6370/ 2374 7340 Fax: +91 40 2374 1080 / 2374 6833
Email: info@aurobindo.com Website: www.aurobindo.com