BUSINESS

Innobic, Aztiq pay $475m to acquire 2 leading firms

Business, Yuthana Praiwan, Published on 11/05/2022

» National oil and gas conglomerate PTT Plc has made another investment in the pharmaceutical sector with its business partner Iceland-based Aztiq HK Co, jointly acquiring Alvogen Emerging Market Holdings, a major shareholder in Lotus Pharmaceutical and Adalvo, two leading firms in the pharmaceutical industry.