Dr. Reddy's Laboratories announced that its wholly owned subsidiary Promius Pharma, LLC, has sold its rights of Cloderm ( clocortolone pivalate) Cream, 0.1 % and its authorized generic to EPI Health, LLC, an affiliate of EPI Group, LLC. Under the terms of the agreement, Promius Pharma is eligible to receive an upfront payment followed by future royalties as the consideration for Cloderm Cream and its authorized generic in the United States, effective immediately. The announcement was made on Tuesday, 2 October 2018.
Hero MotoCorp reported sales of 7.69 lakh units of motorcycles and scooters in September 2018 - its highest-ever sales in any single month. With the peak festival season coming up in the months of October and November, the company is confident of setting yet another global benchmark in retail sales during the period this year, Hero MotoCorp said. The announcement was made after market hours on Monday, 1 October 2018.
Infosys announced that it has entered into a three-year collaboration with Cornell University to reshape the workforce driving digital transformation by advancing employee education and research. Through this collaboration, Infosys - alongside expert faculty at Cornell - will educate its global workforce on technologies such as Blockchain, machine learning and human computer interaction; as well as impart skills in data analytics, design, systems thinking, critical thinking and engineering on Cornell's eCornell virtual learning platform. The announcement was made after market hours on Monday, 1 October 2018.
TVS Motor Company registered a sales growth of 18% with sales increasing to 4.23 lakh units in the September 2018 from 3.59 lakh units in September 2017 . The announcement was made after market hours on Monday, 1 October 2018.
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