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Thursday, Apr 08, 2004

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FDC scouting for global tie-ups

Our Bureau

MUMBAI: FDC Ltd, a pharmaceutical company, on Wednesday informed the BSE that it was pursuing a proposal to enter into strategic partnerships in Russia, South Africa and Nigeria.

The alliances could be in the form of joint ventures, the company said and added that it hopes to commence marketing activities in these markets in the current year.

The company is also looking to file three Abbreviated New Drug Applications (ANDA) in the US market, before the end of the current financial year. FDC has completed 652 dossiers in 47 countries, the company added.

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