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Emzor raises N26.7bn bond to boost local drug manufacturing
Emzor Pharmaceutical Industries has raised a $19.8 million (N26.7 billion) Series 1 Fixed Rate Bond on the FMDQ Group Exchange, in a major move to strengthen local pharmaceutical manufacturing and complete West Africa’s first full-scale anti-malarial Active Pharmaceutical Ingredient (API) manufacturing facility.
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vanguardngr.com
Emzor raises N26.7bn bond to boost local drug manufacturing
Emzor Pharmaceutical Industries has raised a $19.8 million (N26.7 billion) Series 1 Fixed Rate Bond on the FMDQ Group Exchange, in a major move to strengthen local pharmaceutical…
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riotimesonline.com
Emzor Borrows at 19% to Finish Its Sagamu Drug-Ingredient Plant
The Emzor API plant at Sagamu is being finished with a N26.7bn bond at a 19% coupon, billed as sub-Saharan Africa's first antimalarial ingredient site.