TVS Motor Company completes acquisition of Norton

TVS Motor Company completes acquisition of Norton       TVS Motor Company, a reputed manufacturer of two-wheelers and threewheelers in the world, today announced the successful acquisition of Britain’s most iconic sporting motorcycle, “Norton”, in an all-cash deal for a consideration of GBP16 million by acquiring certain assets of Norton Motorcycles (U.K.) Limited (in administration) through one of TVS Motor’s overseassubsidiaries. This will be one of the most interesting acquisitions of a storied motorcycle maker in recent times and will reflect TVS Motor Company’s and India’s rapidly rising prominence…

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Zydus receives final approval from USFDA for Baclofen Tablets

Zydus receives final approval from USFDA for Baclofen Tablets       Zydus Cadila has received final approval from the USFDA to market Baclofen Tablets, 5 mg. Baclofen is used to treat muscle spasms caused by certain conditions such as multiple sclerosis, spinal cord injury/disease. It works by helping to relax the muscles. It will be manufactured at the group’s formulations manufacturing facility at Baddi. The group now has 288 approvals and has so far filed over 386 ANDAs since the commencement of the filing process in FY 2003-04.  …

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