18th Mar 2025 Β· SEBI-Registered Analyst
The Central Pivot by Vineet Saxena (SEBI RA) Β· 18th Mar 2025
APLLTD Expands in the U.S.ππ
APLLTD is 2.2% up today with 17+ points upward.
REASON? Its wholly owned subsidiary, Alembic Global Holding SA, has strengthened its global footprint by incorporating Alembic Lifesciences Inc. in the United States.
To establish full control, Alembic Global Holding SA will remit funds for 100% shareholding in the newly formed entity.
This move reinforces Alembicβs international presence, tapping into the lucrative $560 billion U.S. pharmaceutical market, known for its high-margin generics and specialty drugs. π
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