Article: INDIA'S MOREPEN LABS IN AGREEMENT WITH PHAFAG AG OF AUSTRIA.

NEW DELHI, June 14 Asia Pulse - Morepen Laboratories Ltd on Wednesday announced an agreement with Austria-based Phafag AG to introduce Caroverine, a cure for tinnitus.

Morepen Labs which will be marketing the drug in the country has received Drug Controller Genral of India (DCGI) approval for conducting phase III clinical trials, according to a company statement.

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