Plethico Pharmaceuticals, a leading worldwide pharmaceutical conglomerate, has announced that it has decided to take over 20 percent stake in arm of Tricon Holdings, a leading pharma retail company with sourcing base in the UAE.

Under the conditions of the proposed pact, 20% of the outstanding stocks would be purchased in the arm for a cash of US$ 20 million.

The company is also having a robust emphasis on herbal and neutraceutical segments.