Alkem Laboratories’ wholly owned subsidiary -- M/s. Alkem Medtech has executed Share Purchase and Share Subscription Agreement with M/s. Bombay Ortho Industries (Bombay Ortho) to acquire 100% stake in Bombay Ortho.
The proposed investment by Alkem MedTech is a strategic investment which will help to gain manufacturing capabilities to participate in growing orthopedic space and leveraging Bombay Ortho’s expertise within the Hip and Knee implants segment.
Alkem Laboratories is among India’s leading global pharmaceutical companies. The company develops, manufactures and markets high-quality pharmaceutical products across all major therapeutic segments.