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OTSU extends closure period of Line-II operations

OTSUKA reopens Line-II production facility
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April 06, 2023 (MLN): The management of Otsuka Pakistan Limited (PSX: OTSU) has decided to extend the closure period of its’ Line-II operations due to some unavoidable circumstances, the company’s filing on PSX disclosed today.

Earlier, the company had closed its’ Line-II operations on February 4, 2023, due to the installation of a new automatic machine.

The company is actively monitoring the installation of machinery. If any additional information arises concerning the aforementioned issue, it will be promptly conveyed to the PSX in compliance with PSX regulations.

OTSU is engaged in the manufacturing, marketing and distribution of intravenous infusions and trading in pharmaceutical products, nutritional foods and medical equipment.

The company is an indirect subsidiary of Otsuka Pharmaceutical Company Limited, Japan.

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Posted on: 2023-04-06T11:37:12+05:00