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Morepen Laboratories enters into partnership with Vesale Pharma: Report

09 Nov 2017 Evaluate

In a bid to aggressively tap the growing probiotics market in India, Morepen Laboratories has reportedly entered into partnership with Belgium’s Vesale Pharma. The move is expected to contribute Rs 100 crore to the Indian company’s topline in five years. Moreover, the company will soon be launching four major probiotics developed by Vesale Pharma in the Indian market.

Morepen is a well-known pharma company having well equipped Research & Development Centre and is all set to seize the Generic revolution in pharma industry, by filing multiple DMFs and COS for new APIs.

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Company Name CMP
Sun Pharma. Inds. 1853.50
Dr. Reddys Labs. 1202.80
Cipla 1397.20
Lupin 2090.00
Zydus Lifesciences 1202.00
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