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Friday, May 3, 2024

Bangkok Post – Innobic sells entire AMOLH stake

Buranin Rattanasombat, chairman of Innobic (Asia)

Innobic (Asia) Co, the life sciences arm of national oil and gas conglomerate PTT Plc, has sold its entire stake in its pharmaceutical firm to restructure, aiming to refocus in the segment.

Shares in Alvogen Malta (Out-licensing) Holding (AMOLH), a procurer and distributor of pharmaceutical products and licences in many regions, notably Europe, were bought by Luxembourg-based Floki Holding Société à Responsibilité…

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