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Lyka Labs enters into technical assistance agreement with Indonesian company

25 Nov 2011 Evaluate

Lyka Labs has entered into a technical assistance agreement for Lyophilized Formulations with a company based at Indonesia.

Recently, Lyka Labs had entered into memorandum of understanding with European based company for transfer known-how / technology to manufacture lyophilized product for a consideration of $2,50,000 and royalty for five years.

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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