Mubadala Investment Company acquires Kelix Bio, a specialty pharmaceutical firm, to bolster UAE's life sciences ecosystem.

Mubadala Investment Company, Abu Dhabi's strategic investment arm, is set to acquire Kelix bio, a specialty pharmaceutical company focusing on emerging markets. The acquisition aims to strengthen the UAE's life sciences ecosystem and position the country as a global leader in life sciences and pharmaceuticals. Kelix bio, founded in November 2020, has acquired manufacturing facilities in India, Egypt, Malta, and Morocco, specializing in complex generics for various therapy areas.

March 25, 2024
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