Lincoln Pharmaceuticals has decided to make further investment in Lincoln Parenteral, a subsidiary company, by acquiring 36.58% additional equity to get the additional manufacturing facility for Injectable and Liquids syrups, so that the company has complete range of products under therapeutic group like Tablet, Capsule, Ointment, Injectable, Syrup, Dry Powder under Lincoln Pharmaceuticals.
As a result of the additional investment, the total stake in the Lincoln Parenteral shall be 98.58% in the capital of the company. This investment will definitely increase the turn over and bottom line of the company.
Lincoln Pharmaceuticals is a company is based at Ahmedabad and engaged in Manufacturing and Export of Pharmaceuticals formulations under various Therapeutic product group, plant duly complied with WHO-GMP guidelines. The Company is exporting more than 45 countries along with Domestic market in more than 20 states in India.
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