Arvind Remedies has signed a Memorandum of Understanding with (MoU) with four institutions to manufacture and market medicines from botanical source, which are useful for the treatment and management of Neuro-degeneration disorder (like alzheimer, parkinson) and Neuropsychiatry disorders (like depression). The four educational institutions with whom the company has inked MoU are Banaras Hindu University, Adesh University, SRM University and Genome Foundation.
The four institutions had agreed in December 2012, to do the research from their respective fields and since then continuous research and developmental activities were taking place. These products have been patented in India, USA and Europe. This will help the company to enhance the product portfolio and also improve the revenue.
Arvind Remedies is engaged in the manufacturing of pharmaceutical formulations such as tablets, capsules (including soft gels), ointments and liquids. ARL markets its products in the institutional (primarily government organizations) and ethical segments, with institutional segment contributing to 70% of the total revenues.
