CURRENT AFFAIRS

2016

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which of the following Indian pharmaceutical company has signed a memorandum of agreement for South Africa’s first biosimilars manufacturing facility to be set up at a cost of nearly $91 million.
A
Dr. Reddy’s Laboratories
B
Aurobindo Pharma
C
Cadila Healthcare
D
Cipla
Explanation: 

Detailed explanation-1: -Mumbai-based Cipla will build a biosimilar manufacturing plant in South Africa for SAR1. 3 billion ($89 million)–marking the first such type of a biotech unit outside India for the firm, and in a country where it has extensive operations and goodwill.

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