Cadila Healthcare inks pact to extend tenure of JV with Bayer
New Delhi: Drug firm Cadila Healthcare on Wednesday said it has inked a pact to extend the tenure of a joint venture with Bayer Pte ltd for two months to explore possibilities of further collaboration.
The company has signed an agreement to extend the tenure of the joint venture with a Bayer Group firm for a period of two months, Cadila Healthcare said in a regulatory filing.
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The companies had entered into an agreement on January 28, 2011 for the joint venture, pursuant to which a company was formed to carry on with the business of marketing of pharmaceutical products, it added.
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