
Welcure Drugs & Pharma to set up agro-pharma lab for around Rs 80 crore
Welcure Drugs & Pharmaceuticals Ltd on Wednesday said it will set up an agro-pharma research laboratory with an investment of Rs 70-80 crore for the development of botanical and ayurvedic products. The company also plans to raise up to Rs 80 crore through a qualified institutional placement (QIP), in one or more tranches, to fund…