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California Software to acquire majority stake in Global Allied Pharmaceuticals

16 Aug 2018 Evaluate

California Software Company (Calsoft) will acquire a majority stake in Global Allied Pharmaceuticals (Gapsos) providing Life Science Technology Services and development of software applications in the area of Clinical data management, Clinical Development analytics, Clinical Data Warehousing and Pharmacovigilance. 

The company has signed Memorandum of Understanding (MoU) with Gapsos to acquire a majority stake. This acquisition makes the company as global leadership in the space of Life Science Technology. The meeting of Board of directors of the company held on August 14, 2018, approved the same.

The company will also set up verticals in the area of Life Science Technology, E Commerce, Loyalty program management, Artificial Intelligence (Al) and Big- Data Analysis, in this regard Board further approves for setting up 100% subsidiaries in USA, Canada, Europe and Middle East.

Calsoft is a global Product Engineering and Enterprise Solutions company with a strong background in development and implementation.

California Software Share Price

12.30 0.29 (2.41%)
17-Apr-2026 16:59 View Price Chart
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