Lyka Labs signs deal with Serum Institute

Lyka Labs has signed a memorandum of understanding with Pune-based
Serum Institute of India to manufacture and develop freeze-dried products.

According to a release issued by Lyka to the BSE today, the agreement will help both companies complement each others' areas of strength.

"Both the companies would also explore the possibility of joint research and development of new products including freeze-dried products," the release added.