ADQ Combining Pharma Assets
Posted on 10/20/2023
Abu Dhabi’s US$ 159 billion state fund Abu Dhabi Developmental Holding Company (ADQ) is looking to combine all of its pharma businesses under one banner in order to publicly list the combined company. Egypt’s Amoun Pharmaceutical would join Swiss Acino, UAE’s Pharmax Pharmaceuticals, and Turkey’s Birgi Mefar Group. ADQ wants to list the new company…