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Avesthagen and Meditab
Specialities Ltd have embarked on a manufacturing Joint Venture
for production of Biopharmaceuticals in India. The JV, Avesta
Biotherapeutics and Research Pvt Ltd, based in Bangalore, will manufacture a
new generation of targeted therapies that are already in
development through the ongoing development programme that was
announced last year. In addition, the venture will exploit
opportunities in Biologicals Contract Manufacturing worldwide - a
fast expanding growth segment in the pharmaceuticals arena. |