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21st March 2002

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DRL to acquire BMS Laboratories, Meridian Healthcare UK
Dr Reddy’s Laboratories Limited (DRL) has signed a definitive agreement to acquire 100 per cent of BMS Laboratories Limited and Meridian Healthcare (UK) Limited, a wholly-owned subsidiary of BMS Laboratories.

GVK bio to take up research projects on contract basis
gvk bioSciences Private Ltd of the GVK Group of Companies here has entered into a partnership with Ricerca LLC of the US, a drug discovery and development company, for taking up research projects relating to medicinal chemistry on contract basis.

Reliance Life to invest $50 m in biotech research complex
Reliance Life Sciences is investing $ 50 million to set up a life sciences complex near Mumbai, it is learnt. Reliance has contracted international engineering and construction group Kvaerner to design and build the complex.

Himalaya launches Pure Herbs OTC range
THE Rs 250 crore Himalaya Drug Company announced the launch of its new range of healthcare products under the brand ‘Himalaya Pure Herbs’.

Sartorius AG scouts for alliances with biopharma majors
Sartorius AG, a leader in biotech engineering plans to seek major strategic partnerships with the big pharma companies through scale up, contractual research and manufacturing services for biodrugs.

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