Date:13/05/2008 URL: http://www.thehindu.com/2008/05/13/stories/2008051354231700.htm

Business - Briefly

Ranbaxy, Merck sign agreement

CHENNAI: Ranbaxy Laboratories and Merck & Co of the U.S. have signed an agreement for drug discovery and clinical development collaboration for new products in the anti-infective field. The collaboration will begin this year with an initial term of five years and can be extended mutually thereafter by the parties, says a release.