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Venus Remedies bags ‘BioSpectrum Product of the Year 2012’ award

Venus Remedies Ltd. | Pharmaceuticals & Drugs | Healthcare | BSE: 526953 | NSE: VENUSREM

19 Mar 2012 Evaluate

Venus Remedies has received the ‘BioSpectrum Product of the Year 2012’ award for its novel research product ‘ACHNIL’ a once-a-day painkiller. The award was presented at a glittering BioSpectrum Asia Award function in Singapore on March 16, 2012.

The product, ACHNIL was chosen for this award for its uniqueness in addressing a critical health condition. This novel formulation based on NDDS (novel drug delivery system) technology is going to fill the gap of long standing demand for better pain management therapy. ACHNIL starts its action instantly by giving immediate relief from acute pain and is effective for the next 24 hours as against the conventional daily dose of three injections of diclofenac given every 8 hours.

Aceclofenac (ACHNIL) is a radical innovation of Venus Medicine Research Centre which is a non steroidal anti-inflammatory drug (NSAID) and is used to relieve acute as well as chronic inflammation in rheumatoid arthritis. Osteoarthritis, low back pain, ankylosing spondylitis pain, dental pain post traumatic pain, gynecological pain and oncology pain. Venus has already secured patents for ACHNIL from India and Europe, which are valid up to 2025. Now, the company is all set to further strengthen its market position in India and the major European economies Germany, UK, France, Spain, Sweden, Italy and Switzerland.

Besides this, the company is also working on Antimicrobial Resistance, which is emerging as a biggest threat to the mankind. It is one of the very few R&D-led in the world working on AMR.

BioSpectrum Asia, the leading publication on Life Sciences in Asia-Pacific, which has started this award function in the year 2009 as an effort to identify and recognize the companies that are contributing to the industry's growth.

Venus Remedies Share Price

1042.35 3.25 (0.31%)

17-Apr-2026 16:59 View Price Chart

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Venus Remedies bags ‘BioSpectrum Product of the Year 2012’ award

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