Laboratorios Expofarma S A announced that it has received $1 million in an equity round of funding from existing investor, Laboratorios Richmond S.A.C.I.F. on May 30, 2018. The transaction also included participation from Compañía Inversora Latinoamericana S.A. The transaction has been approved by the board of directors of the investor. The investors has acquired 70% stake in the company with the transaction.