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VENUS REMEDIES LAUNCHES CEPHALOSPORINS IN DOMESTIC MARKETS

September 6, 2005

Venus Remedies Ltd on Monday said that it has launched a commercially innovative formulation, a fixed dose combination of Cephalosporins, in domestic markets. The new product is a cure for bacterial meningitis, which till now did not have a specific medication for treatment, the company informed the Bombay Stock Exchange. The company has entered into a strategic marketing tie-up with Elder Pharmaceuticals, for the right placement of its new formulation in its niche segment, it said.

The Hindu Business Line (http://www.thehindubusinessline.com/blnus/02051308.htm)