News & Analysis » India
Hester Biosciences, Golchha Orgn. Sign MoU To Set Up Animal Biological Unit In Nepal
July 29, 2010, Thursday, 04:18 GMT | 23:18 EST | 08:48 IST | 11:18 SGT
(RTTNews) - The Ahmedabad-based Hester Biosciences Ltd. said it had signed a memorandum of understanding or MoU with Nepal-based Golchha Organisation to set up a joint venture in Nepal to manufacture animal biologicals, involving an investment of around Rs.15 crore.
The proposed JV, a 100% export oriented unit, would manufacture a range of animal biologicals which would supplement the existing range of vaccines manufactured by Hester in India.
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