Tata Steel said on Wednesday that his branch had accepted a Letter of Attribution (LoA) for the acquisition of a 93.71% stake in Neelachal Ispat Nigam Ltd (NINL) and added that the buyout process is expected to be completed within next two years. month.
On February 2, the Department of Investment and Public Assets Management (DIPAM) issued the LoA to Tata Steel Long Products (TSLP) for the acquisition of the 93.71% stake in NINL.
Pharmaceutical company Lupine announced on Wednesday that it has entered into a distribution agreement with the Slovenian company Medis for its orphan drug NaMuscla. As part of the agreement, Medis will commercialize NaMuscla for the symptomatic treatment of myotonia in adults with nondystrophic myotonic disorder (NDM) in central and eastern European countries, Lupin said in a statement. NaMuscla is the first and only licensed product for this indication.
Dr. Reddy’s Laboratories on Wednesday unveiled its authorized generic version of Par Pharmaceutical’s Vasostrict (vasopressin injection, USP) vials in the US market. The Vasostrict-branded market had U.S. sales of approximately $878.5 million for the last twelve months ending December, the company said citing figures from IQVIA Health.
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February 10, 2022