In August 26, 2024 (after the trading session), Innovative Phar (00399) announced that the company...
According to the announcement, Innovative Phar (00399) is considering establishing a joint venture with strategic partner Hunan Huaxin Medical Instruments Co., Ltd. on August 26, 2024 (after the trading session).
According to the announcement, the business cooperation with the strategic partner and the possible establishment of a joint venture are in line with the group's strategy of grasping the development of medical technology, thereby creating opportunities for the group, expanding its business scope in the medical field, and enhancing its potential for income growth. To achieve these objectives, the company will continue to seek fundraising opportunities and plans to allocate about half of the funds raised for new business development.
