Mankind Pharma has made investment of British pound sterling 999,900 in Actimed Therapeutics (Actimed) on December 15, 2023. It is a strategic investment in the field of treatment of cancer cachexia, amyotrophic lateral sclerosis and other muscle wasting disorders. Post this investment the aggregate shareholding of the Company in Actimed will be around 10.19%.
Mankind Pharma is engaged in developing, manufacturing and marketing a diverse range of pharmaceutical formulations across various acute and chronic therapeutic areas, as well as several consumer healthcare products.