Lyka Labs’ subsidiary Lyka Exports will sell its animal healthcare division to Alivira Animal Health, a subsidiary of Sequent Scientific, subject to approval by the shareholders of respective companies i.e. Lyka Labs and Lyka Exports. The board of directors at their meeting held on August 27, 2015 has approved for the same.
The company has convened an Extra Ordinary General Meeting of members of the company on September 29, 2015 to seek their approval to the proposed sale of Animal Healthcare Division by Lyka Exports.
Lyka Labs is engaged in the manufacture of pharmaceutical products. It also manufactures Veterinary products including injections, powders, creams and suspensions. The company offers various surgical disposables, such as syringes, surgical blades, cotton crepe bandage and first aid kits.
