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Shareholders also approved 50 million fully convertible warrants a promoter group company Liquid Holdings at Rs 38 per warrant/ share aggregating up to Rs190 crores for cash to be converted into equity within 18 months.
Alliance Contract Pharma’s (ACP) new $2 million Liquid Capsule filling line is fully operational. The new filling line significantly increases the company's manufacturing capacity and provides increased redundancy and flexibility for clients.
Endomag received premarket approval from the FDA for its non-radioactive, dual-tracer for mapping out lymph nodes in breast cancer patients undergoing mastectomy, a week after raising $10 million in series C funding.