July 21, 2004
Source: The Hindu

Avesthagen pact with Finland firm

BANGALORE, JULY 20 (PTI): Biotech firm Avesthagen today said, it had signed an agreement with the Finland's Raisio Group to market Raisio's top-selling product, Benecol in India. Benecol is a plant-derived product, which in 40 separate clinical trails conducted globally, has been shown to lower cholesterol levels, a company statement said. Benecol will be marketed by AQUAS, the services and sales arm of Avesthagen. "Avesthagen is rolling out its functional food programme with the marketing of Benecol. We are in talks with several potential customers to make Benecol available in India," AQUAS Senior Vice-President Tehmaas Gorimaar, said.