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Genpharmasec acquires 70% stake in Derren Healthcare

11 Mar 2024 Evaluate

Genpharmasec has acquired 70% stake in Derren Healthcare. The objective of acquisition is to expand the activities of Genpharmasec and to make a foray in manufacturing of formulations.

Earlier, the company had executed a Share Purchase agreements and Share Subscription Cum Shareholder’s agreement with Derren Healthcare. 

Genpharmasec is an India-based company, which is engaged in pharmaceutical activities and trading in equity shares.

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