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Alkem Laboratories Completes Acquisition of Bombay Ortho Industries

Story Highlights
  • Alkem Laboratories operates in the pharmaceutical industry with a global market presence.
  • Alkem completed the acquisition of Bombay Ortho, enhancing its medtech sector presence.
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Alkem Laboratories Ltd. ( (IN:ALKEM) ) has shared an update.

Alkem Laboratories Ltd. announced the completion of its acquisition of a 100% stake in Bombay Ortho Industries Private Limited through its wholly owned subsidiary, Alkem Medtech Private Limited. This strategic move positions Alkem to enhance its market presence in the medical technology sector, potentially leading to expanded operations and increased value for stakeholders.

More about Alkem Laboratories Ltd.

Alkem Laboratories Ltd. operates in the pharmaceutical industry, primarily focusing on the development, manufacture, and marketing of pharmaceutical formulations and nutraceuticals. The company has a significant presence in both domestic and international markets, offering a wide range of products across various therapeutic segments.

YTD Price Performance: -10.94%

Average Trading Volume: 2,603

Current Market Cap: 583.5B INR

Learn more about ALKEM stock on TipRanks’ Stock Analysis page.

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