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Lyka Labs ink MoU with company based in Republic of Turkey

18 Nov 2011 Evaluate

Lyka Labs has entered into memorandum of understanding (MOU) with company based in Republic of Turkey for the transfer of known-how / technology to manufacture lyophilized product for a consideration of $2,50,000 and royalty for five years.

Recently, the pharma major had been conferred ‘Certificate of Appreciation Patent Award for the year 2010 - 2011’ by Pharmaceuticals Export Promotion Council in recognition of commendable contribution to R&D in formulation sector.

Lyka Labs is engaged in manufacturing of pharmaceutical products. It also manufactures Veterinary products including injections, powders, creams and suspensions. The company offers various surgical disposables, such as syringes, surgical blades, cotton crepe bandage and first aid kits.

Peers
Company Name CMP
Sun Pharma. Inds. 1850.10
Dr. Reddys Labs. 1201.85
Cipla 1400.20
Lupin 2095.40
Zydus Lifesciences 1187.95
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