Venus Remedies to set up Rs 50-crore facility at Baddi
Chandigarh-based Venus Remedies Ltd has acquired five acres of land for setting up an exclusive manufacturing facility at Baddi, in Himachal Pradesh, which shall be housing eight dedicated sections built to international benchmarks.

Indoco begins new tablet manufacturing facility at Goa
Indoco Remedies Ltd has commenced commercial production at its new tablet manufacturing facility at Verna, Goa. This facility is spread across 50,000 sq feet area with an investment of Rs 160 mn and has a manufacturing capacity of 65 million tablets per month on a single shift basis, informed a press release.

Win ties up Denmark Co for psoriasis drug
Win Medicare has tied up with Leo Pharma, the Denmark based pharmaceutical firm to market its dermatological products in India. Win-Medicare will be launching the world -renowned anti-psoriatic medication, ,i.Daivonex,/i. and ,i.Daivobet,/i. in the Indian market.

Matrix Lab inks JV with S African firm
Pharma major Matrix Laboratories Limited and the $321 million South Africa-based Aspen Pharmacare Holdings Ltd have forged a strategic alliance for further strengthening of their respective businesses by forming joint ventures in India and South Africa.

Strides, STADA into development and supply agreement
The US subsidiary of Strides Arcolab Limited Strides Inc, and STADA Pharmaceuticals, Inc, the US subsidiary of STADA Arzneimittel AG has signed a development and supply agreement for a prescription generic drug product.