Cipla Quality Chemical Industries Ltd (CiplaQCIL) has extended by two business days, the Retail Offer period published in the Prospectus relating to the Initial Public Offering.
Industry Markets

Cipla Quality Chemical Industries extends IPO by two business days

EABW EditorComment(0)

Cipla Quality Chemical Industries Ltd (CiplaQCIL) has extended by two business days, the Retail Offer period published in the Prospectus relating to the Initial Public Offering.

This was at the request of the Capital Markets Authority and in order to accommodate the public holiday on 21st August 2018, according to a Press Statement that was issued by the company.

“Now, as such, the Retail Offer Closing Date has changed from Friday, 24th August 2018 to Tuesday, 28th August 2018,” the statement indicated.

CiplaQCIL is a state-of-the-art pharmaceutical plant based in Kampala, Uganda and focused on production of high-quality, World Health Organization (WHO) pre-qualified, life-saving medicines for the Sub-Saharan Africa (SSA) region.

The Company’s products and pipeline target four major diseases that are widespread in Uganda and SSA and comprise anti-malarials, anti-retrovirals and Hepatitis B and C drugs.

CiplaQCIL’s relevant products have been prequalified by WHO and the facility has been approved by regulatory authorities in the following countries: Uganda, Kenya, Tanzania, Namibia, Zambia, Angola, Malawi, Mozambique, Ivory Coast, Ethiopia, Ghana, Zimbabwe and Botswana.

EABW Editor
http://www.busiweek.com

Related Articles

Early in the week, Birmingham joined Cardiff, Tower Hamlets and Sheffield United to approve Somaliland’s right to sovereignty.
Africa Industry

Birmingham city leaders petition UK government to recognise Somaliland

EABW Editor

Pressure is mounting from within the United Kingdom to recognize its former colony Somaliland as an independent state. Birmingham City is leading the way after its leaders signed a joint letter to unilaterally declare Somaliland independent of war torn Somalia. Somaliland, a former British protectorate broke away from Somalia in May 1991 after the start of […]

Congenital Heart Defects (CHD), also known as a Congenital Heart Anomaly or Congenital Heart Disease, are the most common form of birth defects in children and occur in one per cent of all live births worldwide, affecting over 40 million people globally.
Industry Wellness

Know why Congenital heart diseases are the most common birth defects in Children

EABW Editor

Congenital Heart Defects (CHD), also known as a Congenital Heart Anomaly or Congenital Heart Disease, are the most common form of birth defects in children and occur in one per cent of all live births worldwide, affecting over 40 million people globally. Congenital Heart Defects are defects, present at birth, that affects the structure of […]

Stanbic Bank has yesterday joined the Uganda Securities Exchange (USE) and over 90 securities exchanges across the world to mark International Women’s day by ringing their market opening or closing bell to draw attention to the critical role that business and markets can and must play in tackling gender inequalities.
Industry

Stanbic joins USE in ringing the Bell for Gender Equality

EABW Editor

Stanbic Bank has yesterday joined the Uganda Securities Exchange (USE) and over 90 securities exchanges across the world to mark International Women’s day by ringing their market opening or closing bell to draw attention to the critical role that business and markets can and must play in tackling gender inequalities. The Ring the Bell for […]