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Warnex Inc. has announced that its wholly-owned subsidiary Warnex Analytical Services Inc. has concluded the acquisition of the MDS Pharma Services pharmaceutics business located in Blainville, Quebec, following an agreement in principle announced on July 18, 2006.The purchase price of $1,950,112.23 was paid in cash. Concurrent to the acquisition, Warnex signed a 12-month lease for the Blainville facilities, with an option to renew for 6 months. The acquisition will operate as Neopharm Laboratories, a division of Warnex Analytical Services.Warnex expects to br
converse schuhen ing the Blainvill
yeezy sneaker e pharmaceutics operations, which reported $6.7 million in annual revenue and incurred a loss in its last fiscal year, in line with the historically profitable performance of its existing analytical business unit. The acquisition, which effectively doubles the Company's analytical revenue, is expected to be EBITDA positive within 12 months."This acquisition, for a number of reasons, made sound, stra
newbalance 530 tegic rationale KARACHI:The rupee was stable against the
adidas samba uomo dollar at 104.3/104.5 in the inter-bank market on Wednesday compared to Tuesday鈥檚 close of 104.3/104.5. The currency market has fluctuated regularly in recent weeks with hefty rises and falls on some occasions. In the long run, however, the rupee has stood firm after experiencing extensive volatility, when it weakened from around Rs98 to a dollar to above Rs103 in the wake of political impasse over alleged election rigging. Earlier, the rupee remained glued to the Rs98 level for months, recovering from the historic low of Rs110. It came under pressure following heavy debt repayments to the International Monetary Fund (IMF) and other creditors, which ate into the central bank鈥檚 foreign currency reserves. In 2013-14, the reserves, however, swelled more than 50%, thanks to IMF and other assistance an
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newbalance 574 shed in The Express Tribune, March 10th, 2016.Like聽Business on Facebook, follow @TribuneBiz
