Kilitch Drugs (India) has made additional investment of $2,00,000 to acquire equity shares of Kilitch Estro Biotech PLC, foreign subsidiary of the Company to enhance investment of Kilitch Drugs (India) for long term return of investment and to meet fund requirement of the subsidiary.
Kilitch Estro Biotech PLC is engaged in manufacturing of Pharmaceutical Products incorporated in September, 2015 in Ethiopia, commenced its production in January, 2022.
Kilitch Drugs (India) is an India-based company engaged in pharmaceutical business. The company’s services range from manufacturing to marketing a host of formulations in all dosage forms, such as solid, liquid and parenteral forms.