E-Home Household Services Subsidiary Zhongrun Pharmaceutical Intends Wi Merge With NBL Pharmaceuticals And The Companies Have Signed A Cooperation Agreement; Financial Terms Not Disclosed
Portfolio Pulse from Benzinga Newsdesk
E-Home Household Services' subsidiary, Zhongrun Pharmaceutical, plans to merge with NBL Pharmaceuticals. The companies have signed a cooperation agreement, but financial terms have not been disclosed.
September 12, 2024 | 1:04 pm
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POSITIVE IMPACT
Zhongrun Pharmaceutical, a subsidiary of E-Home Household Services (EJH), is merging with NBL Pharmaceuticals. This strategic move could enhance EJH's market position in the pharmaceutical sector.
The merger of Zhongrun Pharmaceutical with NBL Pharmaceuticals is a significant strategic move for E-Home Household Services (EJH), potentially expanding its footprint in the pharmaceutical industry. This could lead to positive investor sentiment and a short-term increase in EJH's stock price.
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