New Delhi, November 10, 2017: Morepen Laboratories Ltd has entered into a tie-up with Vésale Pharma International of Belgium to strengthen its position in the Rs 1000 crore Probiotics market in India.
According to an announcement made by the company here on Thursday, an agreement to this effect between the two pharma biggies was officially signed in the august presence of the King and the Queen of Belgium who are currently on their State visit to India.
The tie up will expand Morepen’s formulations portfolio in the Indian market, especially in the gastroenterology segment. Initially it is an exclusive distribution and marketing tie up.
United News of India
