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Published 4 months ago

Cipla Unit To Develop Cell Therapy Products In JV With Kemwell, Manipal

Summary by NDTV Profit
A Cipla Ltd. unit will form a joint venture in the U.S. with Kemwell Biopharma Pvt. and Manipal Education and Medical Group to develop and commercialise novel cell therapy products for foreign markets.Cipla (EU) Ltd. U.K., a wholly owned subsidiary, will secure 35.2% stake in the JV, which includes Bengaluru-headquartered Kemwell Biopharma's U.K. unit and Manipal arm MNI Ventures, Mauritius, according to an exchange filing on Monday.The strategi…

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Cipla Unit To Develop Cell Therapy Products In JV With Kemwell, Manipal

A Cipla Ltd. unit will form a joint venture in the U.S. with Kemwell Biopharma Pvt. and Manipal Education and Medical Group to develop and commercialise novel cell therapy products for foreign markets.Cipla (EU) Ltd. U.K., a wholly owned subsidiary, will secure 35.2% stake in the JV, which includes Bengaluru-headquartered Kemwell Biopharma's U.K. unit and Manipal arm MNI Ventures, Mauritius, according to an exchange filing on Monday.The strategi…

4 months ago
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