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ORCHPHARMA — Orchid Pharma News Story

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India's Orchid Pharma jumps on pact to commercialize Exblifep in Russia

BUZZ-India's Orchid Pharma jumps on pact to commercialize Exblifep in Russia

** Shares of Orchid Pharma ORCD.NS jump 11.7% to 1,033 rupees

** Pharmaceutical firm entered into a licensing and supply agreement with Pharmasyntez JSC to commercialize Exblifep (Cefepime/Enmetazobactam) in Russia

** Exblifep is a combination antibiotic for treatment of complicated urinary tract infections and hospital-acquired and ventilator-associated bacterial pneumonia

** YTD, ORCD up ~36%


(Reporting by Vijay Malkar)

((VijayDattaram.Malkar@thomsonreuters.com;))

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