Venus Ltd to in-license product from Chinese Co

New Delhi, July 16: Haryana-based Venus Remedies Ltd today said it has entered into an in-licensing deal with a Chinese Company to acquire the exclusive manufacturing and marketing rights for a latest generation Amino-glycoside formulation for the Indian markets.

The in-licensed technology developed by the Jiangsu Provincial Institute of Microbiology, China is the latest generation Amino-glycoside anti-biotic, said a statement.

The product has on worldwide patent and Venus has got the exclusive manufacturing and marketing rights for Indian markets for a period of 10 years.

UNI