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Lyka Labs enters into technology transfer pact with Turkey’s pharma company

30 Dec 2011 Evaluate

Lyka Labs has entered into a technology transfer pact with a pharma company based in Republic of Turkey for a lyophilized formulation, for a consideration of $2,50,000 and Royalty for five years.

Earlier in November, the company entered into a technical assistance agreement for Lyophilized Formulations with a company based at Indonesia.

Lyka Labs is engaged in manufacturing of pharmaceutical products. It also manufactures Veterinary products including injections, powders, creams and suspensions. The company offers various surgical disposables, such as syringes, surgical blades, cotton crepe bandage and first aid kits.

Peers
Company Name CMP
Sun Pharma. Inds. 1850.10
Dr. Reddys Labs. 1201.85
Cipla 1400.20
Lupin 2095.40
Zydus Lifesciences 1187.95
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