Strides Pharma Science, Lupin and Meera Industries to see some action today

ABB India Ltd. | Electric Equipment | Capital Goods & Industrial Consumables | BSE: 500002 | NSE: ABB

15 Jun 2021 Evaluate

Strides Pharma Science’s step-down wholly-owned subsidiary -- Strides Pharma Global has entered into an exclusive partnership with US-based Ennaid Therapeutics to produce an oral medication to treat patients with mild and asymptomatic COVID-19.

Lupin’s UK subsidiary -- Lupin Healthcare (UK) has received approval from the Medicines and Healthcare products Regulatory Agency (MHRA) to market Luforbec (beclometasone dipropionate/formoterol fumarate dihydrate) 100/6 µg pressurized metered dose inhaler (pMDI), the first branded generic of Fostair (beclometasone dipropionate/formoterol fumarate dihydrate) 100/6 µg pMDI, which has the potential to offer significant cost savings for the NHS.

Meera Industries has bagged export order of $159,000 from Zugo Kimya Tekstil, a prime manufacturer of carpet yarn in Turkey. The company has a strong presence in the carpet yarn manufacturing segment with its range of Cabling / Twisting and Continuous Heat setting machines.

Wardwizard Innovations & Mobility and Bajaj Allianz, India’s leading private general insurance company, have joined hands to offer electric two wheeler insurance policies to Joy e-Bike customers. They can now avail of insurance benefits from Bajaj Allianz on their Joy e-Bike.

Ashiana Housing has entered into development agreement for developing a residential project in Pune on revenue sharing basis.

Shiva Cement’s parent organization -- JSW Cement has entered into construction chemical sector with the launch of a green product range in the category. The range comprises 'Enduro Plast' readymix plaster, 'Krysta Leakproof' integral crystalline waterproofing compound and 'Duraflor' floor hardner. The company has established a 0.3-million-ton manufacturing facility in Ballari in Karnataka to produce its construction chemical product range. It has begun the roll-out of these products and will cover key markets across Karnataka.

ABB India has commissioned a data analytics platform at a steel plant of Sunflag Iron and Steel Company Ltd in Bhandara, Maharashtra. The project improves end-to-end production visibility and helps digitalize the customer's operations.

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