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Gong-ringing ceremony of AGP

Gong-ringing ceremony of AGP was held at the PSX on Monday, March 5, 2018. Immediately after the start of trading, the shares of AGP hit the upper circuit of 5 percent to take the stock price to Rs 84, from the offered price of Rs 80 a share. AGP is the first public offering of a Pharmaceutical company after a gap of over 23 years. AGP offered 35 million shares (12.5% of the capital) to foreign and local high net-worth institutional and individual investors through book building and initial public offering both of which received overwhelming response.

Neogene Launch Jan-2018

AGP launches yet another broad spectrum antibiotic, Neogene in Jan 2018. It is used in injectable form for the treatment of number of bacterial infections. It is also used before and after the surgical procedures to prevent infections. Consistent with our slogan “We Value Life” and going further with our safety theme, not only the medicine is environment friendly, AGP has also used best quality ampule which contains quantities of arsenic (toxic material) even less than allowable and the ampoule becomes more safe and healthy to use.