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Rameda sees EGP 128.5M block-trading transaction on EGX

Rameda sees EGP 128.5M block-trading transaction on EGX

ArabFinance: Tenth of Ramadan for Pharmaceuticals Industries and Diagnostic Reagents (Rameda) (RMDA) has seen a block-trading transaction valued at EGP 128.56 million on the Egyptian Exchange (EGX).

The transaction was executed on nearly 64.28 million shares of the bank's total shares.

Rameda is an Egypt-based pharmaceutical company that manufactures both human and veterinary pharmaceuticals.

It operates three fully independent factories at its plant, including 20 production lines capable of producing a wide range of general medicinal forms, namely eye drops, solid dosage forms, syrups, blow-fill-seal, and lyophilized vials, among others.

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