Earum Pharmaceuticals has received approval to acquire Cedac Medicorp a partnership firm engaged in manufacturing of Pharmaceutical products. The company proposes to enter into an agreement to acquire its 55% stake i.e. of the partnership firm Cedac Medicorp manufacture's pharmaceutical products since its formation in 2017 and Cedac Medicorp is located at Ahmedabad. The Board Members of company in their meeting held on April 2, 2020, has considered and approved the same.
Earum Pharmaceuticals is engaged in the pharmaceutical business involving marketing, trading and distribution of wide range of pharmaceutical formulation products such as anti-biotic drugs, anti-malarial drugs, anti-allergic & anti cold drugs, analgesic/ anti-pyretic & anti inflammatory drugs, dermatology products, cerebral activator drugs, neurological drugs, gastro intestinal drugs, steroids, gynecology drugs, calcium, multivitamins, anti-oxidants and injections.
| Company Name | CMP |
|---|---|
| Redington | 234.90 |
| Adani Enterprises | 2218.35 |
| Amrapali Industries | 17.53 |
| Rashi Peripheral | 455.25 |
| PDS | 301.45 |
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