Arvind Remedies Ltd (ARL) has initialled a memorandum of understanding (MoU) with four institutions — Banaras Hindu University, Adesh University, SRM University and Genome Foundation — to make and market medicines from botanical source. Arvind Remedies and these institutions together have developed and patented medicines which are useful for the treatment and management of neuro-degeneration disorder (such as alzheimer, parkinson) and neuro-psychiatric disorders (such as depression). These medicines have been patented in India, the U.S., and Europe.
“We are excited about the MoU, as it will help us to enhance our product portfolio and also improve our revenue,” Arvind B. Shah, MD and CEO of Arvind Remedies said in a release. — Special Correspondent