Earum Pharma Ltd To Acquire 55% In Cedac Medicorp For Rs. 6 Crore

The Board Members of Earum Pharmaceuticals Ltd in their meeting held on today i.e. 2nd April, 2020, considered and approved to acquire, CEDAC MEDICORP a partnership firm engaged in manufacturing of Pharmaceutical products.

The Company proposes to enter into an agreement to acquire its 55% stake i.e. of the partnership firm CEDAC MEDICORP manufacture’s pharmaceutical products since its formation in 2017 and CEDAC MEDICORP is located at Ahmedabad. The factory of CEDAC MEDICORP is spread over 1200 sq.mtr. Of covered area. The land is owned by CEDAC MEDICORP.

The Firm “CEDAC MEDICORP” manufactures pharmaceutical products since 2017, CED AC MEDICORP is located at Ta: SANAND, Dist: AHMEDABAD, Gujarat, India.

The company is one of the leading manufacturer of ointment, Capsule, Lotion, Liquid Bottle, Nasal Drop, External Powder in India CEDAC MEDICORP is located at Ahmedabad Gujarat, India. It is having presence in India.

–Equity Bulls