Dr Reddy’s to acquire BASF’s pharmaceutical manufacturing business
This transaction is subject to customary closing conditions, and is expected to be completed within the first quarter of fiscal year 2008-09. The transaction will be funded using
Evogene and ELEO have entered a scientific collaboration aimed at discovering and developing new oral small-molecule inhibitors targeting the Proprotein convertase subtilisin/kexin type 9 (PCSK9) pathway for hyperlipidemia and cardiovascular diseases.
Under this agreement, Scil Technology is primarily responsible for all R&D activities with Medtronic responsible for clinical trials, regulatory approvals and commercialization. These regenerative biologics may offer new