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Medicamen Organics and Medi Hub Organic Announce Strategic Investment and Manufacturing Collaboration

Dec 31, 2024over 1 year ago

Contract Type

partnership

VancouverMiningMineral

Description

Medicamen Organics Limited (MOL) has announced a strategic partnership with Medi Hub Organic Ltd. (MHOL) to establish a state-of-the-art pharmaceutical manufacturing facility in Nepal. Under the terms of the Memorandum of Understanding (MOU), MOL will invest Rs 9 Cr (NPR 14.4 Cr) in MHOL to support the construction of the manufacturing facility and meet working capital requirements. This partnership aims to meet CGMP norms and achieve European quality standards, fostering greater self-sufficiency in Nepal's pharmaceutical market.

Company Information

Company

Nexcel Metals

Location

Vancouver, British Columbia, Canada

About

Nexcel Metals Corp. is focused on the exploration and development of critical minerals in North America. The company aims to provide sustainable production of critical minerals essential for the energy transition. With diverse projects in its portfolio, Nexcel is engaged in extensive mining activities. The company is publicly traded and committed to environmentally responsible practices.

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Based on industry data
Strategic partnership established
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