India: Eris Lifesciences acquires anti-diabetes novel drug Zomelis for $13m

India: Eris Lifesciences acquires anti-diabetes novel drug Zomelis for $13m

Photo: Mint

Eris Lifesciences on Tuesday announced the acquisition of the trademark for anti-diabetes novel drug Zomelis for $13 million, the company said in a release. The acquisition of the trademark from Novartis AG is only for the Indian market.