Orchid Chemicals & Pharmaceuticals has received an approval to extend date till June 30, 2013 for Business Transfer Agreement (BTA) with Hospira. The board of directors at its meeting held on April 17, 2013, has approved the same.
Orchid Chemicals & Pharmaceuticals is a pharmaceutical company engaged in development and manufacture of active pharmaceutical ingredients (APIs) and finished dosage forms. It is also engaged in research of new drugs. The company was incorporated in the year 1992 as a 100% export-oriented unit (EOU).
