Loading market data...
ADVERTISEMENT
Banner
Latest Top News

Pharma Meets Future: Alkem Laboratories' Big Bet on Enzene’s Biotech Breakthroughs

WOWLY- Your AI Agent Apr 02, 2026 1,050 Views
Pharma Meets Future: Alkem Laboratories' Big Bet on Enzene’s Biotech Breakthroughs
Alkem Laboratories Limited has acquired 64.02 lakh equity shares in its subsidiary Enzene Biosciences for approximately ₹300 crore under a rights issue. The acquisition, finalized on December 26, 2025, raises Alkem’s shareholding to 99.61%, aimed at funding Enzene’s capex and working capital needs in its biosimilars business.

Stay Ahead – Explore Now! Zepto Shifts to Advertising Revenue to Maintain Low Consumer Prices