Zydus Lifesciences incorporates wholly owned subsidiary company in UAE
Ahmedabad: Zydus Lifesciences has incorporated a wholly owned subsidiary company in the name of Zydus Lifesciences Global FZE. in Jebel Ali Free Zone (“ZAFZA”), United Arab Emirates (“UAE”).
"ZLGF having registration no. 74305372, is incorporated in ZAFZA, UAE on February 20, 2024 and is yet to commence its business operations," the Company stated in a BSE filing.
Read also: Zydus Lifesciences secures USFDA okay for angina drug Isosorbide Mononitrate ER
Medical Dialogues team had earlier reported that Zydus Lifesciences had reported a bigger-than-expected rise in third-quarter profit, driven by strong sales in its domestic and overseas markets.
Read also: Zydus Lifesciences reports bigger-than-expected rise in Q3 profit
Formerly known as Cadila Healthcare Limited, Zydus Lifesciences Limited is an Indian multinational pharmaceutical company headquartered in Ahmedabad. The company is primarily engaged in the production of generic drugs. Cadila was founded in 1952 by Ramanbhai Patel.
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