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sopi a long-standing player in India since 1956 in a Swift and bold move made three distribution deals with Indian farmer companies within two weeks these deals involving mcure San Dr Reds granted their marketing and distribution rights for sofis cardiac CNS and vaccine Brands respectively this trend isnt exclusive to sopi other multinational farma companies are also restructuring their operations in India novatus for instance is reviewing its majority ownership in its Indian unit this follows multiple deals struck in the past 2 to three years which aimed at optimizing its portfolio these included granting distribution rights to Dr Reddys a licensing agreement with simpla and selling brands to JB chemicals such moves aim to cut costs as seen with Novartis reducing its Workforce by 400 employees sopi employees working on cardiac Brands given a choice to join mcure Eli Lily letting go of 120 employees when a deal was struck with SIA and companies such as astroica considering selling