Wednesday, July 11, 2007
Shasun Inks Pact With Danish Firm
Chennai: Shasun Chemicals & Drugs Ltd has said that its wholly owned UK subsidiary Shasun Pharma Solutions Ltd has forayed into a non-exclusive licensing agreement with H Lundbeck A/S, a research-based Danish company engaged in finding new drugs for treatment of CNS (Central Nervous System) disorders. As per the agreement, Shasun Pharma grants H Lundbeck A/S the use of its proprietary cross-coupling technology (also known as Buchwald technology) to manufacture and comme rcialise new APIs (active pharmaceutical ingredients).
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