Balaxi Pharmaceuticals’ Wholly Owned Subsidiary -- Balaxi Global DMCC, Dubai (BGD) has acquired 100% shares of Balaxi Healthcare Honduras, S. DE R.L. De C.V., Honduras, Central America (BHH) on May 11, 2021. Consequently, BHH has become the Step-down subsidiary of the company. Balaxi Healthcare Honduras is engaged in Balaxi’s pharmaceutical formulation products in Honduras.
Balaxi Pharmaceuticals operates as an investment company in India.