Dr Reddy’s ties up with US firm for resuscitative therapy – Times of India

[ad_1] NEW DELHI: Dr Reddy’s has entered into a licence agreement with Pharmazz, a US based biopharmaceutical company, to commercialise a first-in-class innovative drug Centhaquine in India.Developed by Pharmazz, Centhaquine is a resuscitative agent, presently indicated for the treatment of hypovolemic shock, by the Drugs Controller General of India (DCGI), says a company statement.As per…

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Jubilant co to sell stake in US firm for $139 million – Times of India

[ad_1] NEW DELHI: Jubilant Pharmova’s subsidiary Jubilant Pharma will sell its entire 25.8% stake in US-based Sofie Biosciences for $139.4 million. Singapore-based Jubilant Pharma invested $25 million in Sofie in November 2020, says a company statement.Sofie is engaged in developing and delivering molecular diagnostics and therapeutics (theranostics). It has radiopharmaceutical production and distribution network, mature…

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