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14 May, 2025 10:16 IST
Cipla enters into pact to become partner in ABCD Technologies LLP
Source: IRIS | 31 Mar, 2021, 07.02PM
Rating: NAN / 5 stars.
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 Cipla, a leading drug maker, has entered into an agreement to become a partner in ABCD Technologies LLP (to be renamed as IndoHealth Services LLP).

The target entity is a recently incorporated limited liability partnership (LLP) and is yet to commence business activities.The transaction is in line with Company’s strategy on leveraging digital assets and philosophy of access and affordability of medicine to all.

The proposed business of target entity will be carried out with an objective to facilitate the digitization of the healthcare infrastructure in India towards enhancement of Good Distribution Practices (GDP), in support of the National Digital Health Mission of Government of India (Business), the company said on Wednesday.

Shares of the company gained Rs 2.8, or 0.34%, to settle  at  Rs 815.25.  The total volume of shares traded  was  151,000 at  the BSE (Wednesday).

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