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May 06, 2014

Deal Alert: UK-based NRIM picks up 10% stake in pharma firm Kinedex for Rs.1.3 Cr

UK-based pharma firm NRIM has picked up 14,195 equity shares (a 10% stake) for INR 13 Cr (at INR 915 per share) in Mumbai-based Kinedex Healthcare Pvt. Ltd., regulatory filings reveal. Kinedex offers a range of Cobalamin formulations, Gastric acid suppressants, calcium compounds, herbal laxatives & galactagogues and dietary supplements for arthritic patients. 

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