Sharon Bio Medicine

Sharon Bio Medicine Ltd has informed about the following latest developments in the Company:

1. Preliminary Plant Audit for getting UK-MHRA approval for Formulation Plant at Dehradoon in Uttrakhand starts. This will benefit to Company to market it Plant / Products in United Kingdom, European Union, Australia and New Zealand.

2. The Company has signed two confidential Agreements, one with U.K. base Company and another with German Company in respect of Research and Development, Supply, Manufacturing and / or distribution of Active Pharmaceutical Ingredients and / or Pharmaceutical products in future.