JB Chemicals & Pharmaceuticals’ wholly owned subsidiary -- Unique Pharmaceutical Laboratories FZE, UAE has entered into an agreement to acquire 4.76% of the paid-up capital of Biotech Laboratories, South Africa. With this acquisition of the stake, Biotech Laboratories is now wholly owned subsidiary of Unique Pharmaceutical Laboratories FZE.
JB Chemicals & Pharmaceuticals is engaged in manufacturing of pharmaceutical specialties in various dosage forms, herbal remedies, diagnostics, generic drugs, active pharmaceutical ingredients (APIs).