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Suven Life Science gets nod to enhance investment limits in USA subsidiary

15 Apr 2019 Evaluate

Suven Life Science’s board has approved the enhancement of investment limits in wholly owned subsidiary (WOS) in USA Suven Neurosciences, Inc. from $25 million upto $50 million to undertake clinical trials on the molecules in the pipeline. The Board of directors of the company at its meeting held on April 15, 2019 has approved for the same.

Suven Life Science is a biopharmaceutical company focused on discovering, developing and commercializing novel pharmaceutical products, which are first in class or best in class CNS therapies using GPCR targets.

Peers
Company Name CMP
Sun Pharma. Inds. 1857.45
Dr. Reddys Labs. 1150.80
Cipla 1355.70
Lupin 2052.35
Zydus Lifesciences 1107.95
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