East Midlands medicines manufacturer Morningside Pharmaceuticals has been sold to Hampshire-based Aspire Pharma.
The Morningside group, which was founded by Leicestershire entrepreneur Nik Kotecha OBE, is based in Loughborough and has been making and supplying generic medicines to the UK and globally for three decades.
The company exports to more than 120 countries and is one of the UK’s leading suppliers of medicines to international charities, non-governmental organisations and aid agencies.