Pharmexcil felicitates Venus Remedies with "Patent Award" in Gold category

• Security Code: 526953
• Company: VENUSREM

Venus Remedies Ltd has informed BSE that Pharmexcil felicitates Venus Remedies with "Patent Award" in Gold category.

Announcement:

"The Company has won "Patent Award" in Gold category for the year 2010-11 in the valedictory function of India-LAC Pharma Meet by Pharmexcil (Pharmaceuticals Export Promotion Council) held at Hotel Taj Krishna, Hyderabad on September 30, 2011. Hon'able Chief Minister of Andhra Pradesh Mr. N. Kiran Kumar Reddy presented the award.

Venus has received this award in recognition of its commendable contribution to R&D in Formulation Sector.
Venus has also bagged prestigious awards to its kit during 2010-11, which includes Best Innovation Awards, 2010
and 2011 in Gold category by the India Innovation Programme, organised by Lockheed Martin (USA), FICCI and
DST Government of India; Quality Award 2011 in the Gold category from BID at an international convention in
Geneva, Switzerland and The BIZZ- Business Excellence Award 2011 from US.

On this 3rd edition of Patent Awards, organised by Pharmaceuticals Export Promotion Council which was set up by Ministry of Commerce & Industry, Govt. of India, the function witnessed the presence of various successful companies that have come together to recognise their achievements of securing patents in the Pharma Sector in 2010-11.

Besides Venus Remedies, companies like Bharat Serums and Vaccines Limited; Glenmark Pharmaceuticals
Limited; and Torrent Pharmaceuticals, Limited have also won Patent Award 2010-11 in Gold category in the
Formulation sector.

At present, the Company has filed 341 patents globally, out of which 74 have been granted and rest are at
advanced approval stages. The patents cover 51 countries across Europe, North America, the Far East,
Australia, South America, Africa and the ASEAN."