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Morepen Labs receives board approval to raise up to Rs 350 crore
New Delhi: Morepen Laboratories on Thursday said its board has approved to raise up to Rs 350 crore via issue of securities.
Medical Dialogues team had earlier reported that the United States Food and Drug Administration (USFDA) had conducted an inspection at the API manufacturing facility, at Baddi, Himachal Pradesh, of the Morepen Labs.
Ruchika Sharma joined Medical Dialogue as an Correspondent for the Business Section in 2019. She covers all the updates in the Pharmaceutical field, Policy, Insurance, Business Healthcare, Medical News, Health News, Pharma News, Healthcare and Investment. She has completed her B.Com from Delhi University and then pursued postgraduation in M.Com. She can be contacted at editorial@medicaldialogues.in Contact no. 011-43720751