Arvind Remedies inks MoU with Adesh University

As per the agreement, the university will transfer the patent right to the company for manufacturing and marketing of formulation products from botanical source

Last Updated : Jun 18 2014 | 6:10 PM IST

Arvind Remedies Ltd has signed a memorandum of understanding with Adesh University, Punjab, to transfer the patent right to the company for manufacturing and marketing of formulation products from botanical source for treatment of type 2 diabetes, coronary heart disease, neuro and anti-depression.

These drugs will be manufactured in the form of tablets and will be launched in the domestic market by 2017 followed by the global market.