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19 April, 2024 15:06 IST
Arrow Coated Products inks pact with Tsukioka Film Pharma
Source: IRIS | 19 Mar, 2014, 01.12PM
Rating: NAN / 5 stars.
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Arrow Coated Products announced that the company has entered into a supply co-operation agreement with Tsukioka Film Pharma Company, a company incorporated in Japan for developing Edible Soluble Film strips containing active pharmaceutical ingredients, vaccines, neutraceuticals and other remedies taken together 'ODF products' for dosing by mouth or otherwise, as per Arrow's patented technology 'Embedded Water Soluble Film (WSF)'.

Arrow owns two more patents i.e. Drug Delivery Systems & Matrix which is part of health and hygiene cluster of patents.

Relationship with Tsukioka is important for Arrow, as this will lead the MMS (mouth melting Strip division) into pharma, health and hygiene sector.

Shares of the company gained Rs 0.7, or 1.75%, to trade at Rs 40.70. The total volume of shares traded was 3,143 at the BSE (1.06 p.m., Wednesday).

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