Matrix Lab gets Rs 75 cr from patent suit

Hyderabad-based pharma major Matrix Laboratories Ltd on Wednesday said it received Rs 75 crore (Rs 750 million) as a part payment towards the settlement of a potential patent infringement suit. The......

Matrix Lab to set up unit in India

Matrix Laboratories Ltd is to set up two joint venture companies, one each in India and Ireland, at a total cost of euro 3.9 million for the development of finished dosage of formulation......

Matrix Lab rejects Lundbeck offer

Matrix Laboratories Ltd said Lundbeck, Denmark, approached the company to stop production of Citalopram. Matrix, however, rejected the offer.BSE Code:...

A Rs 569 cr windfall for Matrix boss

When N Prasad and his co-promoters invested close to Rs 6 crore (Rs 60 million) for acquiring the loss-making Matrix Laboratories Ltd, they would not have never imagined that there could be a......