Acquisitions15 Feb 2024, 11:57 pm
PHARMAIDS PHARMACEUTICALS LTD ACQUIRES 51% STAKE IN ANUGRAHA CHEMICALS
AI Summary
Pharmaids Pharmaceuticals Limited has acquired 51% stake in Anugraha Chemicals, a partnership firm engaged in contract manufacturing and manufacturing of APIs, intermediates, and fine chemicals. The acquisition is done in multiple tranches and is expected to help the company expand its business and support Anugraha Chemicals in reaching a larger market.,
Key Highlights
- Acquisition of 51% stake in Anugraha Chemicals
- Expansion of business and support for Anugraha Chemicals
- Multiple tranches of investment