ORCHID CHEMICALS IN LICENSING, DISTRIBUTION PACT WITH ACTAVIS

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CHENNAI: Orchid Chemicals and pharmaceuticals has entered into a licensing and distribution agreement with pharma company Actavis for marketing its generic formulations in Europe. Under the agreement, Actavis will market nine of its anti-infective Cephalosporin generic formulations in 37 countries of Europe. Orchid will develop and manufacture nine cephalosporin formulations in specific dosage forms and strengths for licensing to and marketing by Actavis in Europe, a company release said on Thursday.

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