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CORONA Remedies acquires Wokadine® brand from Dr. Reddy's

PRIVATEMar 31, 2026

Acquiring Company

CORONA Remedies Limited

Acquired Company

Wokadine®

IndiaIndiaManufacturingBiotechnologyHealth CarePharmaceuticalManufacturingBiotechnologyHealth CareMedical Device

Description

CORONA Remedies Limited has successfully acquired the Wokadine® brand from Dr. Reddy's Laboratories, effective March 30, 2026. This marks CORONA's fifth acquisition and a strategic entry into the INR 648 Cr Povidone Iodine market. Wokadine®'s legacy and expansive product range are set to enhance CORONA's pharmaceutical portfolio significantly. The acquisition aims to deepen market penetration through CORONA's extensive distribution network.

Quick answer

CORONA Remedies Limited is acquiring Wokadine®, announced March 31, 2026. CORONA Remedies Limited is based in India.

How much did CORONA Remedies Limited pay for Wokadine®?
The deal value was not disclosed.
What does CORONA Remedies Limited do?
CORONA Remedies Limited is an India-focused pharmaceutical formulation company established in 2004.
Where are CORONA Remedies Limited and Wokadine® based?
CORONA Remedies Limited is based in India. Wokadine® is based in India.
Who are the decision-makers at CORONA Remedies Limited?
Fundz holds 2 contacts at CORONA Remedies Limited. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

CORONA Remedies Limited

Location

India

About

CORONA Remedies Limited is an India-focused pharmaceutical formulation company established in 2004. The company develops, manufactures, and markets products across various therapeutic areas, including women's healthcare and urology. It operates WHO-GMP certified facilities and employs over 5,000 individuals. CORONA is engaged in constant innovation and growth in the pharmaceutical sector.

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Frequently asked

Who acquired Wokadine®?

Wokadine® was acquired by CORONA Remedies Limited, based in India. The deal was reported on March 31, 2026. CORONA Remedies Limited is an India-focused pharmaceutical formulation company established in 2004. CORONA Remedies Limited is privately held and operates in Manufacturing.

When did CORONA Remedies Limited acquire Wokadine®?

CORONA Remedies Limited's acquisition of Wokadine® was reported on March 31, 2026. CORONA Remedies Limited has successfully acquired the Wokadine® brand from Dr. Reddy's Laboratories, effective March 30, 2026. This marks CORONA's fifth acquisition and a strategic entry into the INR 648 Cr Povidone Iodine market. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Wokadine® do?

Wokadine® is a well-established brand in the Povidone Iodine market, recognized for its extensive product range designed for various medical applications. It is privately held, operating in Manufacturing, and is based in India.

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