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Morepen Laboratories Ltd is engaged in the business of manufacturing, producing, developing and marketing a wide range of Active Pharmaceutical Ingredients (APIs), branded and generic formulations and also the Home Health products.
Morepen Laboratories' subsidiary, Morepen Medipath Limited (MML), has formed a 50:50 joint venture with UAE-based Bimedical FZE. This new Indian-incorporated Joint Venture Company (JVC) will focus on manufacturing, trading, and selling medical devices products. MML will hold a 50% stake, giving Morepen Labs an indirect 30% interest. This strategic move...