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RBI Press Release: 2020-2021/382 dated 24.09.2020

The RBI has announced its second auction for government securities worth Rs. 20,000 Crores. The second auction will be held for securities for Rs. 10,00 Crores. The auction will be held on the 1st of October, and the results for the same will be declared on the same day, and the funds/securities will be processed by the 5th of October.

Asia Law Offices advised a major transnational strategic collaboration between its client, UAE-Based Pharmax Pharmaceuticals, and Swiss pharma major Acino Pharmaceuticals.

ALO represented Pharmax in the structuring and closure of entire transaction documents of the significant collaboration.

The collaboration framework extends to licensing, manufacturing, and supply of Acino formulations within the gastroenterology and the cardiovascular space throughout the Middle East and Africa.