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Also approves incorporation of subsidiary in Netherlands

Mankind Pharma board approves divestment of its stake in Broadway Hospitality Services
11-Jul-2026, 03:12

The board of Mankind Pharma at its meeting held on 11 July 2026, has inter-alia, considered and approved the:

  1. proposal for divestment of 100% stake held in Broadway Hospitality Services (Broadway), a wholly owned subsidiary company; and
  2. incorporation of a wholly owned subsidiary company in Netherlands (WOS) to act as a Special Purpose Vehicle for holding investments in R&D assets and business development activities focused on treatment of niche therapies.