Panacea Biotec News

Drug firm Panacea Biotec Wednesday said its promoters have entered into a family agreement under which they plan to demerge the company's real estate business into a separate firm to be later listed on bourses.

Drug firm Panacea Biotec Wednesday said it has entered into a collaboration with an international pharmaceutical company for development and supply of an immunosuppressant generic product in USA.

Panacea Biotec has inked a pact with Rising Pharmaceuticals Inc to develop and market a 'product' in the American market.