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Bafna Pharma to launch hypertension drug in Sri Lanka

Bafna Pharmaceuticals today said it has received approval from Sri Lankan authorities to launch its anti-hypertension product, Olmebaf, in the island nation. - Bafna Pharma to enter US - Sensex ends up 161pts - Sensex steady; auto, metal indices lead - Markets at a glance - Multiple tops suggest short-term correction - Kirloskar Bros raises stake in four firms The company will market the brand by early 2010, the Chennai-based drug maker said in a statement to the Bombay Stock Exchange (BSE). Bafna Pharma also said it will sell its product directly through its own front end. This will increasingly supplement the company"s revenue stream which has traditionally relied on the generics market. "We will continue to expand our product range in the coming months by developing products where we are vertically integrated," Bafna Pharma Chairman and Managing Director Mahaveer Chand Bafna said. Shares of Bafna Pharma today settled at Rs 31, up 2.31 per cent in on the BSE.


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