Sharon Bio Medicine Ltd has announced about the following:
1. The Company has signed a long term agreement with US Base Marketing Company for Development, Scale up, Manufacturing and Supplies to USA and Canadian market for the generic formulations which will be supplied from Dehradun Formulation Plant. As per agreement, the Company shall hold marketing rights for the rest of the world including Europe. The development work will start immediately.
2. The Company has signed an agreement with Latvian Company for one formulation for sale in Baltic Countries to be supplied from Dehradun Formulation Plant.