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Granules to make further investment of $15 million in Granules Pharma

24 Jul 2018 Evaluate

Granules India has received an approval for further investment of up to $15.00 million by way of debt/equity in Granules Pharmaceutical Inc., a wholly owned subsidiary of the company. The Board of Directors at their meeting held on July 23, 2018, approved the same.

Granules India is manufacturer and supplier of pharmaceutical products. Its products include active pharmaceutical ingredients (API) like tablets, caplets, rapid release, pharmaceutical, formulation intermediates (PFI) and Finished Dosages (FDs).

Peers
Company Name CMP
Sun Pharma. Inds. 1758.70
Dr. Reddys Labs. 1199.00
Cipla 1305.90
Lupin 1955.00
Zydus Lifesciences 1116.75
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