Cadila Pharma forms joint venture with US-based vaccine company Novavax

The Ahmedabad-based pharmaceuticals major Cadila Pharmaceuticals Ltd (CPL) has joint ventured with the US-based vaccine company, Novavax as per the agreement signed between the two companies in March 2009. This new venture called 'CPL Biologicals Pvt Ltd' will work in the area of development and manufacturing of therapeutic and prophylactic vaccines, biological therapeutics and diagnostics in India.

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