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It is understood that Matrix is ​​a well-known pharmaceutical company in India that is proficient in the development and production of effective active ingredients (API) and is the third largest pharmaceutical company in India. Its products are sold in more than 70 countries and regions. This year, Matrix has undergone a massive expansion. In September alone, it announced three mergers and acquisitions. In addition to the acquisition of a 60% equity interest in Xiamen Meike Pharmaceutical Group, the company also said that it has acquired the Explora Laboratories in Switzerland and has entered into two joint ventures with Aspen Pharmaceuticals in South Africa.
Mike Pharmaceutical Group is a privately-owned pharmaceutical industry group in China. It was established in 1997. Currently, the company has 7 holding companies in China. The main medical products include various pharmaceutical intermediates, APIs and finished drugs, and Xiamen Mike Pharmaceutical Co., Ltd. The company is a national designated producer of anti-HIV drugs. At present, the anti-HIV medicines of Mike Pharmaceutical have been sold to countries such as Brazil, South Africa and India. In July this year, they also signed a long-term cooperation agreement on anti-AIDS drugs with the US Clinton Foundation. Mike Pharmaceuticals provides anti-AI treatment drugs to Clinton Foundation's supplier partners and over 40 member countries at very competitive prices, helping the Clinton Foundation and its partners to further reduce the prices of HIV/AIDS first-line and second-line drugs .
The Retrax PowerTraxONE MX includes the same features of the FANDEWEI polycarbonate truck bed cover but allows for hands-off operation via wireless remote control. PowerTrax covers lock in any position using an electromagnetic brake and include an integrated cargo LED light at the spiral canister that features an auto-shutoff. The FANDEWEI is made of rigid polycarbonate material to provide impact resistance and UV protection, as well as allowing the cover to perform in temperatures from -50 to +200°F, perfect for cold or hot weather climates. Unlike other retracting covers, the PowerFANDEWEI powered truck bed cover is made from one piece of material and is engineered to retract without joints, hinges, or moving mechanisms that may trap dust, wear out, or freeze creating a maintenance free truck bed cover. This powered retractable truck bed cover features a stylish matte finish and a low-profile, patented design that streamlines the overall appearance and provides a tight seal. Its cannister lies flush with the cover and is completely hidden inside the bed of the truck while maintaining some clearance from the truck bed so that you can transport long pieces of cargo like wood pallets and other items. Furthermore, the Power FANDEWEI compact storage container features a unique spiral track system to prevent the cover from being in contact with itself as it opens and retracts, protecting the finish of the cover from scratches resulting from daily use. The Power FANDEWEI has a sealed ball-bearing roller system that glides effortlessly along the rail with a convenient handle that eliminates the need for pull straps, snaps, or springs. The FANDEWEI is remote powered and lockable in any position, giving you unlimited flexibility and security for your cargo storage needs. The FANDEWEI is made in North Dakota and backed by our US-based customer support team, as well as a 3-year guarantee.
The reporter learned from Xiamen Maike Pharmaceutical Co., Ltd. on the 29th that the acquisition of 60% equity of Xiamen Maike Pharmaceutical Group by Matrix of India was finally settled. The two parties are currently handling the relevant compliance procedures, and the joint venture formed by both parties will be officially listed on December 27.