Medplus decides against fund raising, puts diagnostic expansion on hold

Medplus, a pharmacy retail chain based in Hyderabad, has decided to abandon its proposed Rs 1200 crore fundraising plan and has halted the expansion of its diagnostic business. The company will focus on expanding its pharmacy business using internal accruals and working capital loans.

from Healthcare/Biotech-Industry-Economic Times https://ift.tt/0iWSxrC
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