Amrutanjan ties up with Austin Chem

Our Bureau Chennai | Updated on January 24, 2011

Chennai-based Amrutanjan has signed an MoU with Austin Chemical Company Inc, Chicago, US, to form a joint venture, Amruntanjan Pharmaessense Ltd. According to a press release from Amrutanjan, the company's fine chemical division, in its new avatar, Pharmaessense, has been providing value added services to multi-national companies as a CRAMS (contract research and manufacturing services) company. Commensurate with its experience in OTC (over the counter) pharma products, it has been looking at opportunities to enhance this chemical division's market penetration by strategic partnering with a marketing leader in the US. And, this MoU is in accordance with that, says the release.

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Published on January 24, 2011
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