May 12, 2008

Advance Bio Agro Tech seals pact with Huvepharma

Indian biotech firm Advance Bio Agro Tech Ltd (ABTL) has inked a global marketing and manufacturing partnership with European pharmaceutical company Huvepharma. The new venture would focus on developing, manufacturing and marketing human and animal health product which will be beneficial to the Indian consumers.

Under the pact, ABTL will be responsible for making a wide range of feed additives, specifically in the segment like probiotics, prebiotics, enzymes and a focused set of anticoccidials.

Next to the feed additives a broad set of veterinary products would be offered including treatments for respiratory diseases like mycoplasma infections and multiple gastrointestinal infections.

Bulgaria-headquartered Huvepharma is a fast-growing global pharmaceutical company with a focus on developing, manufacturing and marketing human and animal health products. The company has offices and subsidiaries in Bulgaria, Belgium, Poland, China, Taiwan, Thailand, USA and Russia.