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Markets :: Fine Chemicals/Biotech :: Pharmaceutical ingredients
Ranbaxy, Orchid Form Pact
10:40 AM MDT | April 28, 2008 | Deepti Ramesh
Pharmaceutical producer Ranbaxy Laboratories Ltd. (Gurgaon, India) says it has formed an alliance with Orchid Chemicals & Pharmaceuticals Ltd. (Chennai, India) covering multiple geographies and therapies for active pharmaceutical ingredients (APIs) and finished dosage formulations. The agreement will lead to the establishment of a framework for better cooperation between the two companies, Ranbaxy says. “Orchid is a niche player in the global pharmaceutical industry with an impressive track record, particularly in sterile products,” says Malvinder...
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