Vivimed Labs soars after Jeedimetla facility gets Ukraine GMP approval business-standard.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from business-standard.com Daily Mail and Mail on Sunday newspapers.
Vivimed Labs hit an upper circuit of 20% at Rs 17.8 after the company said it received approval for its product, Febril syrup, from Uzbekistan Government.The drug company received approval for paracetamol 125mg/5mL + Chlorpheniramine Maleate 2.5mg/5ml syrup under brand name Febril syrup 100ml. Paracetamol is a medication used to treat pain and fever. Chlorpheniramine is an antihistamine used to relieve symptoms of allergy, hay fever, and the common cold.
Commenting on the approval, Ramesh Krishnamurthy, CEO of Vivimed Labs said, We are very excited to receive approval to Vivimed s own product FEBRIL Syrup 100ml. Vivimed strategy is to increase its share of branded products in CIS Markets. Vivimed shall be launching this product in 2021. Our purpose is to offer innovative & top-quality formulations at affordable prices. This approval is testimony to Vivimed s growth strategy.
Vivimed Labs Limited receives approval for 1 product from Uzbekistan equitybulls.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from equitybulls.com Daily Mail and Mail on Sunday newspapers.