Ranbaxy Laboratories to Acquire Biovel Lifesciences

Oct 25, 2010, 11:19 IST

Ranbaxy declared on 19 Jan 2010 its decision to acquire Bangakore based Biovel Lifesciences. The acquiring of Biovel will give Ranbaxy access to Biovel’s intellectual property, know-how and manufacturing facility.

Ranbaxy declared on 19 Jan 2010 its decision to acquire Bangakore based Biovel Lifesciences. The acquiring of Biovel will give Ranbaxy access to Biovel’s intellectual property, know-how and manufacturing facility. Typhoid Vi antigen and Hib conjugate vaccines for which Ranbaxy has the regulatory approvals in India are the products that will be covered under this transaction. Ranbaxy is one of the world’s top 10 generic pharmaceutical companies.

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