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Senores inks deal to acquire Wockhardt's ANDA for Topiramate

Senores inks deal to acquire Wockhardt's ANDA for Topiramate

Senores Pharmaceuticals (SPL), through its wholly-owned subsidiary Senores Pharmaceuticals, Inc., USA (SPI), has signed agreement today to acquire the USFDA-approved Abbreviated New Drug Application (ANDA) for Topiramate HCl 25, 50, 100 and 200 mg tablets (Topiramate) from Wockhardt.
Topiramate is indicated as a treatment of epilepsy and migraine. The market size of Topiramate Tablet in the USA was ~USD 111.47 Mn (MAT December 2024)1 as per IQVIA.
The acquisition will be funded through the Initial Public Offer (IPO) proceeds raised by SPL. This is in line with the Objects of the IPO stated in the Red Herring Prospectus.

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Last Updated: Before you commit to any agreement or hand over money, it's important to verify that the builder has all necessary approvals and documentation in order Buying a new house is one of the most significant milestones in a person's life—both emotionally and financially. Whether it's your first home or an investment property, the excitement of choosing layouts, imagining your future, and walking through freshly painted rooms can sometimes overshadow the crucial paperwork involved. However, ensuring all legal and regulatory documents are in place is essential to protect your interests and avoid complications down the line. Before you commit to any agreement or hand over money, it's important to verify that the builder has all necessary approvals and documentation in order. A reputable builder should willingly provide you with these documents, and you should take the time to review them carefully—or have them examined by a legal expert. 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RED FLAGS TO WATCH OUT FOR • Insist on adding a home inspection clause to your agreement, which means you have the right to get the house checked by a professional before you buy it. If a builder/seller resists, it could hint at foundational issues like cracks, leaks or wiring problems. • If a builder dilly-dallies on disclosures, such as legal issues with the property or water problems, it's best to walk away from the deal. • Get a lawyer, if you can, to do a title check to confirm whether the seller really owns the property and if it has any unpaid loans or disputes. • Unclear language in contracts is a big no-no. For instance, if the agreement says something like 'the buyer agrees to take possession in due course," it's hard to understand when exactly you will get the keys. Steer clear of such agreements. top videos View all • If your builder is trying to hedge who will pay for electricity connections, water supply, maintenance charges, society formation fees etc, you may end up paying for things you didn't plan for. • The contract should clearly say when the buyer will get possession of the flat or what happens if the builder delays it. If these details are missing, the builder may delay the handover with no penalty. Always ask for these dates to be clearly written, along with what actions will be taken in case of delay. About the Author Apoorva Misra Apoorva Misra is News Editor at with over nine years of experience. She is a graduate from Delhi University's Lady Shri Ram College and holds a PG Diploma from Asian College of Journalism, Chennai. More Get Latest Updates on Movies, Breaking News On India, World, Live Cricket Scores, And Stock Market Updates. Also Download the News18 App to stay updated! tags : home buyers news18 specials RERA RWA supreme court Location : New Delhi, India, India First Published: June 12, 2025, 10:24 IST News explainers Property Purchase Dos And Don'ts: 15 Questions That You Must Ask Your Builder Before A Deal

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