IOL Chemical substances & Pharma will get nod from Korea for two API merchandise – ET HealthWorld

New Delhi: Drug agency IOL Chemical substances & Prescription drugs on Thursday mentioned that it has obtained nod from the Korean Ministry of Meals and Drug Security for its lively pharmaceutical ingredient (API) merchandise — Ibuprofen and Fenofibrate. The approval by the Korean Ministry of Meals and Drug Security re-establishes the corporate’s efforts to maintain the very best high quality requirements and to extend presence within the regulated markets, IOL Chemical substances & Prescription drugs mentioned in a regulatory submitting.

It will strengthen the corporate’s presence within the South Korean market, it added.

Ibuprofen is used to deal with a spread of aches and pains, together with again ache, interval ache and toothache. Fenofibrate is used to deal with the signs of excessive ldl cholesterol and triglycerides within the blood.

Shares of the corporate closed at Rs 607.55 apiece on BSE, up 1.37 per cent over earlier shut.

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