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ZIM Laboratories is boosting its international presence!

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Zim Laboratories LimitedZIMLAB · Filed with the exchange

Its wholly-owned subsidiary, ZIM Laboratories FZE, will invest up to AED 450,000 into ZIM Scientific Office L.L.C., an existing 100% owned step-down subsidiary based in Dubai.

This strategic capital injection aims to fuel business expansion and development within the crucial GCC (Gulf Cooperation Council) pharmaceutical market.

ZIM Scientific Office, incorporated in November 2024 with no current turnover, is positioned as a key vehicle for ZIM Lab's future growth in the region, signaling a clear push for geographic diversification.

Read the original filing(PDF)

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