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Ekuinas acquires 80% stake in pharma ingredients maker Symbiotica

30/04/2024

KUALA LUMPUR (April 30): Ekuiti Nasional Bhd, the state-owned private equity firm also known as Ekuinas, said on Tuesday it has acquired an 80% stake in pharmaceutical ingredients maker Symbiotica Speciality Ingredients Sdn Bhd.

Financial details of the transaction were not disclosed. Based in Penang with manufacturing facilities in Kedah, Symbiotica specialises in manufacturing active pharmaceutical ingredients for corticosteroid and steroid hormone.

More to come

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