India's Venus Remedies surges; to collaborate with Teva on drug

Aug 27 2014, 16:28 IST
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SummaryVenus Remedies Ltd shares surge as much as 14.9 percent.

Venus Remedies Ltd shares surge as much as 14.9 percent.

Venus will collaborate with Teva Pharmaceutical Industries Ltd to develop an anti-cancer drug, it said in a statement on Tuesday. (http://bit.ly/1tBRHtj)

The company did not provide financial details of the deal.

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