SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Venus Remedies to sell patented product Elores to Cipla for Indian Territory

18 Oct 2019 Evaluate

Venus Remedies has entered into agreement to sell its patented product Elores to Cipla for the Indian Territory. This association with Cipla will enable greater patient access of Elores in India. Elores is a novel combination of Ceftriaxone. Sulbactam and Disodium EDTA indicated for the treatment of life-threatening infections caused by gram-negative bacteria.

The present deal with Cipla for Indian Territory will enable VRL to focus its efforts on strengthening its global position for Elores. Currently, Elores is available in 7 countries and is scheduled to be launched in another 4 territories over the next 12 months; it is under registration in many other parts of world.

Venus Remedies is a pharmaceutical manufacturing company. The company is engaged in manufacturing products catering to various segments such as Oncology, Cephalosporins, Carbapenems and Other Specialties.

Venus Remedies Share Price

1042.35 3.25 (0.31%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Sun Pharma Inds. 1675.20
Dr. Reddys Lab 1235.40
Cipla 1238.30
Zydus Lifesciences 942.55
Lupin 2324.25
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×