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JB Chemicals & Pharmaceuticals’ arm to acquire 4.76% stake in Biotech Laboratories

01 Jun 2022 Evaluate

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).

Peers
Company Name CMP
Sun Pharma. Inds. 1853.50
Dr. Reddys Labs. 1202.80
Cipla 1397.20
Lupin 2090.00
Zydus Lifesciences 1202.00
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