Sunday, December 15, 2019

Granules India divests entire stake in Granules-Biocause Pharma, China

The company added that it has entered into an agreement with Hubei Biocause Heilen Pharmaceutical Co., Limited., Joint Venture Partner for sale of 33,000,000 equity shares of 1 RMB each fully paid-up held by the Company in Granules-Biocause Pharmaceutical Co. Limited for a consideration of RMB 109mn.

from India Infoline News Service https://ift.tt/2LZCylf

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