Monday, May 21, 2007

Twilight Litaka acquires Brands from Sami Labs

Twilight Litaka Pharma Ltd has informed that the Company has signed an MOU with Sami Labs Ltd, a Bangalore based Company engaged in Nutraceuticals having proprietary rights over certain patents for the purchase of 17 brands (Trade Marks). With the additions of these brands the Company expects to increase the turnover substantially in the Financial Year 2007-08.As per the agreement executed with Sami Labs Ltd, the Company has acquired ownership of these brands and will have the exclusive rights to manufacture and market the Nutraceutical products under these brands in India. Sami Labs will also continue to support the Companys foray in the domestic Nutra segment with more research based new products in nutraceutical segment.

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