LUCKY Core Industries Limited (LCI) has executed Asset Purchase Agreements with Pfizer Pakistan Limited and Pfizer Inc., per a recent press release.

The assets include a manufacturing facility owned by Pfizer Pakistan Limited located in Karachi, a portfolio of well-established pharmaceutical brands, namely Ansaid, Ponstan, Ponstan Forte, Basoquin, Deltacortril, Lysovit, Corex-D, Mycitracin, and trademarks associated with said pharmaceutical products.

LCI`s Chief Executive, Asif Jooma, commented: `This acquisition marks a significant milestone in our journey towards accelerating the growth of our Pharmaceuticals business.` •