Elder Pharmaceuticals through its Dubai’s wholly owned subsidiary has increased its stake in Elder Biomeda AD, Bulgaria on February 07, 2012. The company has increased its stake from 92.20% to 100%.
Elder Pharmaceuticals (EPL) has around six manufacturing units in India, all as per international standards. Post increasing its stake in Elder Biomeda AD and Neutrahealth PLC, EPL also has access to the manufacturing units of these companies in Bulgaria and Birmingham, UK respectively coupled with distribution network and brands of the same.
