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Prabhudas Lilladher Report
Eris Lifesciences Ltd. announced its entry into India’s insulin and Glucagon-like peptide-1 agonists market through joint venture with MJ Biopharm Ltd.
The 70:30 joint venture (with Eris Lifesciences holding a 70% stake) will primarily engage in marketing and distribution of human and analogue insulin and GLP-1 agonists, along with potentially other biopharma products in India.
MJ Biopharm will be responsible for development, manufacturing and supply of these products to the joint venture.
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