SME News » Pharmaceutical Industry News » Awards/Recognition News » Hyderabad News
MUMBAI: A leading research-based global pharmaceutical company, Venus Remedies Limited, has bagged the prestigious Patent Award in Silver category for the year 2011-12 at the India-Asia Pacific Pharma Business Meet, conducted by Pharmaceuticals Export Promotion Council of India in Hyderabad.
At the time of receiving the award, Dheeraj Aggarwal, chief financial officer, Venus Remedies said, “Getting such a prestigious award for the second year in a row for our commendable contributions towards Research & Development, demonstrated by patent grants in 2011-12, is indeed a matter of pride and great honour.”
Aggarwal also stated, “These products cater to the growing epidemic of microbial resistance and hence shall be a great serving to the mankind. Till now, we have received more than 80 patents for our various novel research formulations covering 51 countries across the globe.” It is also noted that the company received 4 patents in the present financial year, with two patents each for Sulbactomax and Vancoplus.