IPCA in JV With Chinese Firm

Drugmaker IPCA Laboratories has entered into a an equal joint venture with China's Chongqing Holley Holding Company to market Artemisinin-based drugs globally, the Bombay Stock Exchange said on Friday. Artemisinin is derived from a natural plant mainly grown in China and Vietnam and the Holley group is the largest manufacturer of the product in the world, it said.

The Economic Times (http://economictimes.indiatimes.com/articleshow/1093078.cms)