Dr. Reddy’s inks drug pact with Denmark’s 7TM Pharma

March 10th, 2008 - 8:09 pm ICT by admin  

Mumbai, March 10 (IANS) Dr. Reddy’s Laboratories Ltd, one of India’s leading pharmaceutical companies, has signed an agreement with Denmark-based 7TM Pharma for developing medicines in the area of metabolic disorders. In a filing with the Bombay Stock Exchange (BSE), Dr. Reddy’s said both partners would cooperate in developing drugs and clinically testing them. Once they got a green signal from the authorities, they may licence it out to a larger pharmaceutical company for further development, said the communiqu

Related Stories

Tags: , , , , , , , , , , , , , , , , , , ,

Posted in Business |